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Economics

Q. That of the following would be strong evidence to an expansionary gap exists?

a. Rapid inflation during a period when plant capacity utilization is below average.

b. A steady price level also a 5 percent (%) unemployment rate.

c. Help wanted advertising is higher than usual also the consumer price index is up more than expected.

d. Inflation has slowed markedly also the Dow Jones average is at record levels.

e. The number of latest unemployment claims has skyrocketed also the price level is falling.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9169529

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