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Which of the following is true regarding the economy depicted in the graph? Price Level (P) SRAS PE X AD Qu Qr Real GDP (Q)

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Which of the following is true regarding the economy depicted in the graph? Price Level (P) SRAS PE X AD Qu Qr Real GDP (Q) Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a Expansionary monetary policy could be used to help eliminate the inflationary gap b Expansionary monetary policy could be used to help eliminate the recessionary gap c Contractionary monetary policy could be used to help eliminate the inflationary gap d Contractionary monetary policy could be used to help eliminate the recessionary gap

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