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-In the Above Figure, the Inflationary Gap When AD2 is

Question 237

Multiple Choice

-In the above figure, the inflationary gap when AD<sub>2</sub><sub> </sub>is the aggregate demand curve equals A) AD<sub>1</sub>. B) the difference between $12.5 trillion and $12.0 trillion. C) the difference between 110 and 100. D) LAS minus SAS at a price level of 100.
-In the above figure, the inflationary gap when AD2 is the aggregate demand curve equals


A) AD1.
B) the difference between $12.5 trillion and $12.0 trillion.
C) the difference between 110 and 100.
D) LAS minus SAS at a price level of 100.

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