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LAS SAS 130 120 Price level (GDP deflator, 2009 = 100) 110 X 100 90 O AD 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP

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LAS SAS 130 120 Price level (GDP deflator, 2009 = 100) 110 X 100 90 O AD 17.0 17.5 18.0 18.5 19.0 19.5 Real GDP (trillions of 2009 dollars) The above figure illustrates Select one: O A. an inflationary gap. O B. an equilibrium at the economy's physical limits. O C. a recessionary gap. O D. a full-employment equilibrium

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