Question: 24. When actual output equals potential output there is output gap and the rate of inflation will tend to A) an expansionary; increase D) a

 24. When actual output equals potential output there is output gap

and the rate of inflation will tend to A) an expansionary; increase

24. When actual output equals potential output there is output gap and the rate of inflation will tend to A) an expansionary; increase D) a recessionary; increase B) an expansionary; decrease E) a recessionary; decrease C) no: remain the same

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