-Refer to the Graph in the Exhibit

question 35

Multiple Choice

-Refer to the graph in the exhibit.What is the term for the distance between Y₁ and Y₂?  

• A) an expansionary gap
• B) a recessionary gap
• C) an increase in potential output
• D) the natural rate of unemployment

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Definitions:

Cyclothymic Episode

A period characterized by mood swings less severe than those in bipolar disorder, ranging from mild depression to emotional highs.

Panic Attacks

Sudden episodes of intense fear or acute discomfort, accompanied by physical symptoms such as palpitations, sweating, trembling, or feelings of doom.

Obsessive-Compulsive Disorder

A mental health disorder where a person has uncontrollable, reoccurring thoughts (obsessions) and behaviors (compulsions) they feel the urge to repeat over and over.

Phobic Disorder

An anxiety disorder characterized by an excessive and irrational fear of an object, situation, or activity that is generally harmless.