For policymakers the problem with a recessionary gap is and the problem with an expansionary gap is
a. a tendency for inflation to develop; wasted resources b. wasted resources; a tendency for inflation to develop
c. an increase in cyclical unemployment; an increase in structural unemployment
d. an increase in structural unemployment; an increase in cyclical unemployment
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For policymakers the problem with a recessionary gap is and the problem with an expansionary gap is...
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