An inflationary gap will occur when
a. real GDP exceeds nominal GDP.
b. nominal GDP exceeds real GDP.
c. real GDP exceeds potential GDP.
d. potential GDP exceeds real GDP
c
Economics
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Changes in market prices tend to
A) change the plans of suppliers. B) change the plans of demanders. C) change the plans of suppliers and demanders. D) have no predictable effect on anybody's plans.
Economics
The 1994 book by Murray and Herrnstein, The Bell Curve, was about
A. government debt. B. the intelligence factor. C. capital growth. D. military readiness.
Economics