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Loraine Loraine
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8 years ago
If the economy is above full employment, there is ________ gap, and as the economy adjusts toward full employment, the price level ________.
A) an inflationary; rises
B) an inflationary; falls
C) a recessionary; rises
D) a recessionary; falls
E) an inflationary; does not change
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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Thank you, thank you, thank you!
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