Question: Question 21 2.5 Points Look at the figure 2. If the economy is at point E, there is a(n) _gap, and _fiscal policy is appropriate.

 Question 21 2.5 Points Look at the figure 2. If the

Question 21 2.5 Points Look at the figure 2. If the economy is at point E, there is a(n) _gap, and _fiscal policy is appropriate. Exam 3-18(1).png Figure 2 level LRAS SRAS 1 P1 AD 1 Real GDP YP A recessionary, expansionary inflationary; contractionary. recessionary; contractionary. D inflationary, expansionary. Question 22 2.5 Points Look at the figure 3. If the economy is at point A, there is a(n) _gap, and _ fiscal policy is appropriate. Exam 3-Figure 3. png ... Figure 3 Aggrega Price LRAS SRAS A AD GDP Potential GDP A recessionary, expansionary B inflationary, contractionary. recessionary; contractionary. D inflationary; expansionary Question 23 2.5 Points

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