The diagram below shows an AD/AS model for a hypothetical economy which is initially in a short-run equilibrium at point A. 
FIGURE 24-7
-Consider Figure 24-7.At the initial short-run equilibrium,there is ________ output gap of ________.This gap could be closed by a ________.
Definitions:
Shared Mental Model
A psychological representation of knowledge, beliefs, and expectations shared among members of a team or group, facilitating coordinated actions and communications.
Ambient Traffic Sounds
Background noise created by the movement of vehicles, which can affect environmental soundscapes and potentially human well-being.
Conversation
An informal talk where two or more people exchange thoughts, opinions, or information.
Offices Equipment
Tools, appliances, machines, and other physical items used in an office to facilitate work and operations.
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