-In the Above Figure, the Inflationary Gap When AD₂ is

question 322

Multiple Choice

-In the above figure, the inflationary gap when AD₂ is the aggregate demand curve equals

• A) the difference between $12.5 trillion and $12.0 trillion.
• B) LAS minus SAS at a price level of 100.
• C) AD₁.
• D) the difference between 110 and 100.

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