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2.3 Economic performance

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Question 7

An economy experiences a widening positive output gap. Which one of the following combinations of macro-economic outcomes describes the most likely effects of this trend?

Imports: Rising | Inflationary pressure: Rising | Unemployment: Falling

Imports: Falling | Inflationary pressure: Rising | Unemployment: Rising

Imports: Rising | Inflationary pressure: Falling | Unemployment: Falling

Imports: Falling | Inflationary pressure: Falling | Unemployment: Rising

2.3 Economic performance Questions

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  3. /2.3 Economic performance