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The excess of aggregate expenditure over full employment level of output is referred to as
Classroom
Economics Classroom
Jamb
Jamb 2004
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The excess of aggregate expenditure over full employment level of output is referred to as
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
GNP gap
B
Deflationary gap
C
Inflation gap
D
Recessionary gap
Show Answer
Show Explanation
Correct Answer:
Option C
Explanation:
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