-Refer to the graph in the exhibit.What is the term for the distance between Y₁ and Y₂?
A) an expansionary gap
B) a recessionary gap
C) an increase in potential output
D) the natural rate of unemployment

Question

-Refer to the graph in the exhibit.What is the term for the distance between Y₁ and Y₂?  
A) an expansionary gap 
B) a recessionary gap 
C) an increase in potential output 
D) the natural rate of unemployment

Quizplus · Accepted Answer

The Answer of 
-Refer to the graph in the exhibit.What is the term for the distance between Y₁ and Y₂?  
A) an expansionary gap 
B) a recessionary gap 
C) an increase in potential output 
D) the natural rate of unemployment

-Refer to the Graph in the Exhibit