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    Macroeconomics Study Set 14
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    Exam 10: Aggregate Supply and Aggregate Demand
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    -In the Above Figure,the Inflationary Gap When AD₂ Is the Aggregate
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-In the Above Figure,the Inflationary Gap When AD₂ Is the Aggregate

Question 401

Question 401

Multiple Choice

  -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 $13.5 trillion and $13.0 trillion. C)  LAS minus SAS at a price level of 100. D)  AD₁.
-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 $13.5 trillion and $13.0 trillion.
C) LAS minus SAS at a price level of 100.
D) AD₁.

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