-Refer to the above figure. If the relevant aggregate demand curve is , then the economy is experiencing
A) an inflationary gap.
B) a recessionary gap.
C) a deflationary gap.
D) full employment.

Question

-Refer to the above figure. If the relevant aggregate demand curve is  , then the economy is experiencing
A) an inflationary gap. 
B) a recessionary gap. 
C) a deflationary gap. 
D) full employment.

Quizplus · Accepted Answer

The Answer of 
-Refer to the above figure. If the relevant aggregate demand curve is  , then the economy is experiencing
A) an inflationary gap. 
B) a recessionary gap. 
C) a deflationary gap. 
D) full employment.

-Refer to the Above Figure