An Expansionary Gap Is Closed in the Long Run by A(n)

question 38

Multiple Choice

An expansionary gap is closed in the long run by a(n) _____

• A) rightward shift of the short-run aggregate supply curve.
• B) leftward shift of the short-run aggregate supply curve.
• C) upward movement along a fixed short-run aggregate supply curve.
• D) increase in aggregate demand.
• E) decrease in aggregate demand.

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