The diminished employment prospects for the graduates of 2002 is most likely due to the existence of a(n)

a. inflationary gap.
b. significant increase in real GDP.
c. shift of the aggregate demand curve outward.
d. recessionary gap.

d

Economics

You might also like to view...

Which of the following is the most important contributor to human capital?

a. education b. effort c. chance d. physical strength

Economics

This economic term or expression refers to markets and prices determining what gets bought and sold in our economy, seemingly almost automatically without interference or orders from anyone.

a) Consumer sovereignty b) Demand c) Invisible hand d) Capitalism e) Circular flow

Economics