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Exhibit 11-3 -Refer to the Graph in the Exhibit.Consider an Economy Characterized

Question 92

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Exhibit 11-3
Exhibit 11-3 -Refer to the graph in the exhibit.Consider an economy characterized by the aggregate demand curve AD and the short-run aggregate supply curve SRAS50.What is the size of the recessionary gap?   A)  $500  B)  $400  C)  $300  D)  $200
-Refer to the graph in the exhibit.Consider an economy characterized by the aggregate demand curve AD and the short-run aggregate supply curve SRAS50.What is the size of the recessionary gap?  


A)  $500 
B)  $400 
C)  $300 
D)  $200

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