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单项选择题

A recessionary gap is most likely to be observed when:

A. real GDP is above potential GDP.
B. real GDP is below potential GDP.
C. employment is above full-employment equilibrium.
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单项选择题In long-run equilibrium, if aggregate demand is increasing faster than long-run aggregate supply:

A. the price level is likely to increase.
B. downward pressure on wages will ensue.
C. supply will increase to meet the additional demand.

单项选择题Which of the following factors would be least likely to shift the aggregate demand curve

A. The price level increases.
B. The federal deficit expands.
C. Expected inflation decreases.