At short-run equilibrium, this economy is in a (n) ___________________ gap. Monetarists who believe that the economy is self-regulating would assert that _____________________________.

Group of answer choices

B. inflationary; the AD curve will shift leftward sufficiently to close the inflationary gap

C. recessionary; the AD curve will shift rightward sufficiently to close the recessionary gap

A. inflationary; the SRAS curve will shift leftward sufficiently to close the inflationary gap

D. recessionary; the SRAS curve will shift rightward sufficiently to close the recessionary gap