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Use the Following to Answer Questions

Question 33

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Use the following to answer questions .
Exhibit: Aggregate Demand and Aggregate Supply and the Great Depression Use the following to answer questions . Exhibit: Aggregate Demand and Aggregate Supply and the Great Depression -(Exhibit: Aggregate Demand and Aggregate Supply and the Great Depression) During the Great Depression, aggregate demand declined sharply. As a result, the economy moved to A) point k creating a recessionary gap equal to (Y<sub>m</sub> - Y<sub>k</sub>) . B) point k creating a recessionary gap equal to (Y<sub>P</sub> - Y<sub>k</sub>) . C) point j creating a recessionary gap equal to (Y<sub>P</sub> - Y<sub>j</sub>) . D) point j creating a recessionary gap equal to (Y<sub>n </sub>- Y<sub>j</sub>) .
-(Exhibit: Aggregate Demand and Aggregate Supply and the Great Depression) During the Great Depression, aggregate demand declined sharply. As a result, the economy moved to


A) point k creating a recessionary gap equal to (Ym - Yk) .
B) point k creating a recessionary gap equal to (YP - Yk) .
C) point j creating a recessionary gap equal to (YP - Yj) .
D) point j creating a recessionary gap equal to (Yn - Yj) .

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