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The Figure Below Shows the Short-Run Aggregate Demand and Supply

Question 109

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The figure below shows the short-run aggregate demand and supply curves of an economy.In this figure,the distance between Y1 and Y2 represents:​ ​
Figure 10.2
The figure below shows the short-run aggregate demand and supply curves of an economy.In this figure,the distance between Y<sub>1</sub> and Y<sub>2</sub> represents:​ ​ Figure 10.2 A) an expansionary gap. B) a recessionary gap. C) a cost-push inflation. D) the natural rate of unemployment. E) the full employment output.


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

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