Home » Economics » The excess of aggregate expenditure over full employment level of output is referred to asThe excess of aggregate expenditure over full employment level of output is referred to as The excess of aggregate expenditure over full employment level of output is referred to as A. GNP gap B. deflationary gap C. inflation gap D. recessionary gap Correct Answer: Option C Explanation Related Posts Which of the following is NOT a part of the fixed costs of a limited… If a firm doubles its output and its cost increase by 60%, the firm is… In the distribution channels for goods and services, the middleman’s mark-up margin provides a rough… The land tenure system in Nigeria impedes agricultural production because? The demand curve for a normal good will shift to the left if? The exchange of goods and services across countries can be described as
In the distribution channels for goods and services, the middleman’s mark-up margin provides a rough…
