The diagram below shows an AD/AS model for a hypothetical economy which is initially in a short-run equilibrium at point A. 
FIGURE 24-7
-Consider Figure 24-7.At the initial short-run equilibrium,there is ________ output gap of ________.This gap could be closed by a ________.
Definitions:
Q3: If the economy's AS curve is completely
Q16: An expansionary monetary policy by the Bank
Q24: According to the Neoclassical growth model,which of
Q57: Refer to Figure 28-1.If the Bank of
Q59: An aggregate production function exhibits increasing returns
Q74: Refer to Figure 27-5.This economy begins in
Q90: Consider the AD/AS model.Since output in the
Q101: Other things being equal,the flatter the AS
Q113: An increase in foreign income,other things being
Q121: Consider a new deposit of $10 000