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A81 A82 3 AS2 3 A81 > > 0 d) ' _r .1 o d) 2 _, g ._ 5. o. AD AD Real

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A81 A82 3 AS2 3 A81 > > 0 " d) ' _r .1 o d) 2 _, g ._ 5. o. AD AD Real Domestic Output Real Domestic Output (1) (2) 3 - AS '5 AS > > 0 Q _| _| d) d) .2 .2 E - A02 E. ~ AD1 AD AD Real Domestic Output Real Domestic Output (3) (4) Assuming the economy is initially at full employment, which of the diagrams best portrays a recession? Multiple Choice O Graphs (1) and (2) Graphs (1) and (3) Graphs (2) and (4) OOO Graphs (3) and (4)

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