Ask Question
23 August, 22:09

An inflationary gap: A.

is generally regarded as desirable, especially by people living on a fixed income.

B.

means that the economy is operating beyond its potential output.

C.

means that SRAS will soon shift rightward.

D.

means that there are pressures for wages to fall.

+5
Answers (2)
  1. 23 August, 22:16
    0
    The amount by which the actual gross domestic product exceeds potential full-employment GDP. It is one type of output gap, the other being a recessionary gap.
  2. 24 August, 01:33
    0
    D:means that there are pressures for wages to fall
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “An inflationary gap: A. is generally regarded as desirable, especially by people living on a fixed income. B. means that the economy is ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers