The inflationary gap occurs when you obtain no increase in output, but only an increase in the Average Price Level from an incre

Question

2 years ago

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The inflationary gap occurs when you obtain no increase in output, but only an increase in the Average Price Level from an incre

ase in Aggregate Demand. This occurs in which phase?
A. First phase of the Keynesian LRAS Curve.
B. Second phase of the Keynesian LRAS Curve.
C. Third phase of the Keynesian LRAS Curve

Computers and Technology

1 answer:

Dafna11 [192] · Answer 1 · 2022-01-04T09:24:25+03:00

Dafna11 [192]2 years ago

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<span>B. Second phase of the Keynesian LRAS Curve.</span>