![22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics 22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/31e6488993c5b56a066593d5cd5d2724.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
![22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics 22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/7b62fdbf653dfcb85fd08b78b15b6275.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
![1. A recessionary gap occurs when a. The short run aggregate supply curve shifts rightward. b. Real GDP is less than potential GDP. c. The economy is at its long run equilibrium. 1. A recessionary gap occurs when a. The short run aggregate supply curve shifts rightward. b. Real GDP is less than potential GDP. c. The economy is at its long run equilibrium.](https://homework.study.com/cimages/multimages/16/recessionary_ga7808462053120917794.png)
1. A recessionary gap occurs when a. The short run aggregate supply curve shifts rightward. b. Real GDP is less than potential GDP. c. The economy is at its long run equilibrium.
![Use a diagram to illustrate and explain an economy in which AD increases as the economy is self-regulating out of a recessionary gap. | Homework.Study.com Use a diagram to illustrate and explain an economy in which AD increases as the economy is self-regulating out of a recessionary gap. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/untitled_12_06-08-20219170167763989508932.png)
Use a diagram to illustrate and explain an economy in which AD increases as the economy is self-regulating out of a recessionary gap. | Homework.Study.com
![Draw and aggregate supply and aggregate demand graph showing a recessionary gap. Explain how the interventionists would restore long-run equilibrium. | Homework.Study.com Draw and aggregate supply and aggregate demand graph showing a recessionary gap. Explain how the interventionists would restore long-run equilibrium. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/nishant18423959047229151767841.jpg)
Draw and aggregate supply and aggregate demand graph showing a recessionary gap. Explain how the interventionists would restore long-run equilibrium. | Homework.Study.com
![22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics 22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics](https://open.lib.umn.edu/app/uploads/sites/180/2016/05/d40e454e38f488401fe10479d750c36c.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
![The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.) The Multiplier Effect and the Recessionary and Inflationary Gaps – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.)](https://openoregon.pressbooks.pub/app/uploads/sites/29/2020/06/9.jpg)