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Question 21 2.5 Points Look at the figure 2. If the economy is at point E, there is a(n) _gap, and _fiscal policy is appropriate.

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Question 21 2.5 Points Look at the figure 2. If the economy is at point E, there is a(n) _gap, and _fiscal policy is appropriate. Exam 3-18(1).png Figure 2 level LRAS SRAS 1 P1 AD 1 Real GDP YP A recessionary, expansionary inflationary; contractionary. recessionary; contractionary. D inflationary, expansionary. Question 22 2.5 Points Look at the figure 3. If the economy is at point A, there is a(n) _gap, and _ fiscal policy is appropriate. Exam 3-Figure 3. png ... Figure 3 Aggrega Price LRAS SRAS A AD GDP Potential GDP A recessionary, expansionary B inflationary, contractionary. recessionary; contractionary. D inflationary; expansionary Question 23 2.5 Points

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