Question: A recessionary gap occurs when real GDP is _. Graphically, the recessionary gap occurs because the AD and AS curves intersect to the of

A recessionary gap occurs when real GDP is ___________. Graphically, the recessionary gap occurs because the AD and AS curves intersect to the __________ of the potential real GDP line. The difference between potential RGDP and actual equilibrium RGDP is a __________ number. Group of answer choices above potential real GDP; left; positive above potential real GDP; right; negative below potential real GDP; left; positive below potential real GDP; left; negative

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Question: A recessionary gap occurs when real GDP is ___________. Graphically, the recessionary gap occurs because the AD and AS curves intersect to the __________ of

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Question: A recessionary gap occurs when real GDP is _. Graphically, the recessionary gap occurs because the AD and AS curves intersect to the of