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MMLU-Pro / 6875 / What is a deflationary gap?

Problem

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question

What is a deflationary gap?

category

economics

options

  1. A situation where total demand is too small to absorb the total supply that an economy can produce at full employment level.
  2. A gap that occurs when the government's budget deficit is too large
  3. The excess of actual unemployment over the natural rate of unemployment
  4. An economic condition characterized by a sudden increase in asset prices
  5. The difference between total income and total expenditure
  6. A gap in the economy due to inflation
  7. A temporary shortfall in consumer spending
  8. The disparity between the nominal and real interest rates
  9. A state where the money supply grows faster than the economy's productive capacity
  10. A scenario where total demand exceeds the total supply

src

stemez-Economics

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