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Exhibit 10.1 -Refer to Exhibit 10.1, Which Shows the Short-Run Aggregate Supply

Question 25

Multiple Choice

Exhibit 10.1
Exhibit 10.1    -Refer to Exhibit 10.1, which shows the short-run aggregate supply curve of an economy. An expansionary gap would be represented by the distance between _____ A)  Y₂ and Y₁. B)  Y₃ and Y₁. C)  Y₂ and Y₃. D)  P₂ and P₁. E)  P₂ and P₃.
-Refer to Exhibit 10.1, which shows the short-run aggregate supply curve of an economy. An expansionary gap would be represented by the distance between _____


A) Y₂ and Y₁.
B) Y₃ and Y₁.
C) Y₂ and Y₃.
D) P₂ and P₁.
E) P₂ and P₃.

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