Exhibit 10.2 -Refer to Exhibit 10.2, Which Shows the Short-Run Aggregate Supply

Multiple Choice

Exhibit 10.2

-Refer to Exhibit 10.2, which shows the short-run aggregate supply curve of an economy. In this Exhibit, the distance between Y₁ and Y₂ represents _____

A) an expansionary gap.
B) a recessionary gap.
C) cost-push inflation.
D) the natural rate of unemployment.
E) the full-employment output.