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LAS 130 SAS 120 Price level (GDP deflator, 2009 = 100) 110 100 B 90 AD1 0 AD2 ADO 17.0 17.5 18.0 18.5 19.0 19.5

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LAS 130 SAS 120 Price level (GDP deflator, 2009 = 100) 110 100 B 90 AD1 0 AD2 ADO 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP (trillions of 2009 dollars) In the above figure, point Crepresents Select one: O A. a recessionary gap. O B. a full-employment equilibrium. O C. an inflationary gap. O D. a decrease in aggregate demand

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