Question:
33 If the economy is at equilibrium above potential output A
Last updated: 12/10/2023
33 If the economy is at equilibrium above potential output A there is a recessionary gap and expansionary fiscal policy is appropriate B there is an inflationary gap and contractionary fiscal policy is appropriate C there is a recessionary gap and contractionary fiscal policy is appropriate D there is an inflationary gap and expansionary fiscal policy is appropriate