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

Question 153

Multiple Choice

-In the above figure, the inflationary gap when AD<sub>2</sub> is the aggregate demand curve equals A) the difference between 110 and 100. B) the difference between $18.5 trillion and $18.0 trillion. C) LAS minus SAS at a price level of 100. D) AD<sub>1</sub>.
-In the above figure, the inflationary gap when AD2 is the aggregate demand curve equals


A) the difference between 110 and 100.
B) the difference between $18.5 trillion and $18.0 trillion.
C) LAS minus SAS at a price level of 100.
D) AD1.

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