The existence of an inflationary gap or an recessionary gap depends on the
A. aggregate supply only.
B. expenditure schedule.
C. leakages schedule.
D. injections schedule.
E. aggregate demand and aggregate supply schedules.
Answer: E
Economics
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In 1995 ________, which was established in 1948, was replaced by ________
A) the GATT; the WTO B) the WTO; NAFTA C) the Smoot-Hawley Tariff; the GATT D) NAFTA; the Smoot-Hawley Tariff
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