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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
Potential GDP increased from 4.7 trillion to 16.6 trillion between 1970 and 2013 resulting in economic growth. Also, during this time ________ occurred because ________.
A) inflation; aggregate demand decreased by more than potential GDP
B) stagflation; aggregate demand increased by more than potential GDP
C) deflation; aggregate demand increased by more than potential GDP
D) inflation; aggregate demand increased by more than potential GDP
E) inflation; aggregate demand increased by less than potential GDP
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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Loraine Author
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9 years ago
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Brilliant ツ
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