If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating

Question

adell [148]

2 years ago

13

If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating

at _____.

Business

1 answer:

LUCKY_DIMON [66] · Answer 1 · 2023-07-28T18:54:26+03:00

The blank will be fill by potential output.

Hyperinflation is a highly high and frequently increasing inflation in economics. As the prices of all items rise, the real value of the local currency quickly depreciates. People tend to switch to more stable foreign currencies as a result, reducing their holdings in the original currency.

If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating at potential output.

Learn more about potential output here brainly.com/question/15312106

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