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

question 114

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)movement to the right along a fixed short-run aggregate supply curve.
• D)increase in aggregate demand.
• E)decrease in aggregate demand.