I need assistance with the following

2. A recessionary GDP gap: implies an equilibrium level of GDP is less than the full-employment level of GDP implies an equilibrium level of GDP is greater than the fullemployment level of GDP would always result in rising cost of labor will automatically be eliminated, according to the Keynesian model none of the answers given is correct Question 3 1 pts 3. A business cycle consists of four distinct phases: Peak, Contraction (recession), Trough. and Expansion (recovery). True or False? No answer text provided. No answer text provided. True False Question 4 1 pts 4. Which of the following options could be used to eliminate a recessionary GDP gap? any one of the answers is correct. increase in personal income taxes increase in government spending decrease in money supply decrease in government spending