A Recessionary Gap Is Usually Closed in the Long Run

question 127

Multiple Choice

A recessionary gap is usually 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)rightward movement along a fixed short-run aggregate supply curve.
• D)decrease in aggregate demand.
• E)leftward movement along a fixed short-run aggregate supply curve.

---

Definitions:

Macrophage

A form of white blood cell that consumes and breaks down cellular waste, foreign materials, microorganisms, and cancerous cells.

Life Satisfaction

An individual's evaluation of their overall well-being and contentment with life as a whole.

Active Religious Faith

The practice of engaging deeply and regularly in the beliefs, rituals, and activities of a religion.

Young

Being in the early or initial stages of life or growth; typically refers to children or youth.