Use the following to answer questions: 
-(Figure: Short-Run Equilibrium) Refer to Figure: Short-Run Equilibrium. It reflects a short-run inflationary gap. According to the labeling on the graph, the size of the inflationary gap is equal to:
Definitions:
Imine
A functional group or compound featuring a carbon-nitrogen double bond, often formed by the condensation of an aldehyde or ketone with an amine.
Racemizes
Refers to the process of converting an optically active compound into a racemic mixture, meaning a blend of equal amounts of enantiomers.
Esterifies
The process by which an ester is formed, usually from the reaction between an acid and an alcohol with the elimination of water.
Hydrolyzes
Refers to the chemical process where water is used to break down a compound, often a polymer, into smaller units.
Q1: The initial impact of a sudden decrease
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Q19: If the Federal Reserve uses expansionary monetary
Q64: According to the _, there is a
Q81: (Figure: Short- and Long-Run Equilibrium) Refer to
Q112: (Figure: The Multiplier) Refer to Figure: The
Q113: In a deposits-only monetary system with a
Q123: Which statement is NOT considered one of
Q198: Suppose the equilibrium aggregate price level and
Q218: A recessionary gap will be eliminated because