If the economy is at equilibrium above potential output, there is an inflationary gap, and contractionary fiscal policy is appropriate.
Answer:
opportunity cost
Explanation:
The concept of Opportunity cost deals with the idea that individuals, investors, or business owners, due to scarcity of resources, lost possible benefits that could be gained, as he or she chooses alternative choice.
Hence, the underlying reason or factor trade benefits both sides of a trading arrangement is rooted in the concept of OPPORTUNITY COST.
Therefore, the right answer is Opportunity cost.
Answer: to prevent improper use or causing an issue with the thing they have to get a license for
In his career explorations class, Navid took a personality inventory and he discovered that he is an outgoing person and truly enjoys being around many people.
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