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AP Macroeconomics
Unit 2 – Economic Indicators and the Business Cycle
Topic 2.1
Which of the following is a characteristic of an inflationary gap in the economy?
Deflationary pressures are present.
Actual output exceeds potential output.
Unemployment rate is high.
Aggregate demand is below aggregate supply.
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AP Macroeconomics - 2.1 Circular Flow and GDP
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Inflationary Gap
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About Fiveable
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Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
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Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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