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-In the Above Figure, the Short-Run Aggregate Supply Curve Is

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  -In the above figure, the short-run aggregate supply curve is SAS and the aggregate demand curve is AD. A recessionary gap exists A)  if the long-run aggregate supply curve is LAS<sub>1</sub>. B)  if the long-run aggregate supply curve is LAS<sub>2</sub>. C)  if the long-run aggregate supply curve is LAS<sub>3</sub>. D)  All of the above answers are correct.
-In the above figure, the short-run aggregate supply curve is SAS and the aggregate demand curve is AD. A recessionary gap exists


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