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The Figure Below Shows Equilibrium in an Aggregate Demand-Aggregate Supply

Question 76

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The figure below shows equilibrium in an aggregate demand-aggregate supply model.Which of these situations will be experienced by the economy as it moves from point e to point e'?​ ​
Figure 10.3
The figure below shows equilibrium in an aggregate demand-aggregate supply model.Which of these situations will be experienced by the economy as it moves from point e to point e'?​ ​ Figure 10.3 A) An expansionary gap B) A decline in potential GDP​ C) Overutilization of resources​ D) Deflation​ E) Cost-push inflation​


A) An expansionary gap
B) A decline in potential GDP​
C) Overutilization of resources​
D) Deflation​
E) Cost-push inflation​

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