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-The Table Above Gives the Aggregate Demand and Aggregate Supply

Question 236

Multiple Choice

-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. In short-run equilibrium, there is A) an inflationary gap of $100. B) a recessionary gap of $100. C) a recessionary gap of $200. D) an inflationary gap of $200.
-The table above gives the aggregate demand and aggregate supply schedules in Lotus Land. In short-run equilibrium, there is


A) an inflationary gap of $100.
B) a recessionary gap of $100.
C) a recessionary gap of $200.
D) an inflationary gap of $200.

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