The fact that output gaps will not last indefinitely, but will be closed by rising or falling inflation is the economy's:

A. income-expenditure multiplier.
B. self-correcting property.
C. short-run equilibrium property.
D. long-run equilibrium property.


Answer: B

Economics

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a. Stakeholder value b. Shareholder value c. Profits before taxes d. The sum of shareholder and stakeholder value e. None of the above

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The threat of a large fine for failure to pay income taxes is an example of

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