When real GDP is greater than potential GDP, there is ________ which leads the inflation rate to ________
A) a recessionary gap; rise
B) a recessionary gap; remain stable
C) an inflationary gap; rise
D) a recessionary gap; fall
E) an inflationary gap; fall
C
Economics
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Commitments to make or receive payments in the future are made easier by money's function as a _____
a. unit of account b. store of value c. medium of exchange d. form of barter e. commodity
Economics
The GDP of the United States includes production by foreign-owned firms that are located in the United States.
Answer the following statement true (T) or false (F)
Economics