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According to the AD-AS Model,the Economy Depicted in the Diagram

Question 76

Multiple Choice

According to the AD-AS model,the economy depicted in the diagram below has a(n) ___________ gap and will experience ___________ pressure on the price level over time. According to the AD-AS model,the economy depicted in the diagram below has a(n) ___________ gap and will experience ___________ pressure on the price level over time. A) recessionary;upward B) expansionary;downward C) recessionary;downward D) expansionary;upward E) zero output;no


A) recessionary;upward
B) expansionary;downward
C) recessionary;downward
D) expansionary;upward
E) zero output;no

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