Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Get the answers you need quickly and accurately from a dedicated community of experts on our Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

An inflationary gap is created when:________.
i. potential GDP is greater than real GDP.
ii. the price level exceeds the equilibrium price level.
iii. real GDP equal to potential GDP.
iv. real GDP is greater than potential GDP.
v. the inflation rate is less than potential inflation.

Sagot :

Explanation:

potential GDP is greater than real GDP

We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.