Because _________ grows over time,_________ typically persist much longer than _________.
A) potential output;recessionary gaps;recessions
B) potential output;recessions;recessionary gaps
C) actual output;recessionary gaps;recessions
D) actual output;recessions;recessionary gaps
E) inflation;recessionary gaps;recessions

Question

Quizplus · Accepted Answer

Potential output grows over time, so recessionary gaps, which are the difference between potential output and actual output, typically persist longer than the recessions themselves.

Because _________ Grows Over Time,_________ Typically Persist Much Longer Than

Because _ Grows Over Time,_ Typically Persist Much Longer Than