Exhibit 10.1 -Refer to Exhibit 10.1, Which Shows the Short-Run Aggregate Supply

question 25

Multiple Choice

Exhibit 10.1

-Refer to Exhibit 10.1, which shows the short-run aggregate supply curve of an economy. An expansionary gap would be represented by the distance between _____

• A) Y₂ and Y₁.
• B) Y₃ and Y₁.
• C) Y₂ and Y₃.
• D) P₂ and P₁.
• E) P₂ and P₃.

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