If the economy is currently overheating, this means: a. actual GDP is higher than potential GDP. b.
Question:
If the economy is currently “overheating,” this means:
a. actual GDP is higher than potential GDP.
b. there is “too much” spending in the economy.
c. inflation rates will probably increase in the future.
d. All of the above.
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Related Book For
Money, Banking, Financial Markets and Institutions
ISBN: 978-0538748575
1st edition
Authors: Michael Brandl
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