The inflation gap can best be described as:

A) the percentage difference between GDP and its potential
B) the difference between inflation and its target
C) the change in the inflation rate from one year to the next
D) the difference between the inflation rate and the average inflation rate of that of the nations with the 3 lowest inflation rates

B

Economics

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Guiding the market through strategic coordination of business investments to increase export market shares is known as

(a) development planning. (b) industrial policy. (c) shifting terms of trade. (d) all of the above. (e) none of the above.

Economics

Draw the graph of the GG and LL schedules and explain the logic behind the slopes of each of the schedules

What will be an ideal response?

Economics