The Figure Below Shows the Determination of the Equilibrium Price

question 45

Multiple Choice

The figure below shows the determination of the equilibrium price level and real GDP in an aggregate demand-aggregate supply model.If the economy is at point H,there is a(n) :​ ​
Figure 10.7

• A)expansionary gap of $300 billion.
• B)recessionary gap of $300 billion.
• C)recessionary gap of $10 billion.
• D)expansionary gap of $20 billion.
• E)expansionary gap of $10 billion.

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Definitions:

Perineurium

The connective tissue sheath enveloping bundles of nerve fibers within a nerve, providing protection and supporting blood vessels.

Fascicle

A bundle of muscle or nerve fibers enclosed within a sheath.

Presynaptic Membrane

The part of the nerve cell that prepares neurotransmitters for release into the synaptic cleft.

Chemical Synapse

A type of synapse at which a chemical (neurotransmitter) is released from one neuron to stimulate or inhibit another neuron or target cell.