![Show a graph using AD-AS with recession equilibrium (recessionary gap). What kind of fiscal and monetary policies will be used to fix this gap? Show the graphical effect of these policies. What Show a graph using AD-AS with recession equilibrium (recessionary gap). What kind of fiscal and monetary policies will be used to fix this gap? Show the graphical effect of these policies. What](https://homework.study.com/cimages/multimages/16/img_22014728996990742108.png)
Show a graph using AD-AS with recession equilibrium (recessionary gap). What kind of fiscal and monetary policies will be used to fix this gap? Show the graphical effect of these policies. What
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22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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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/a8e12eaa6b52033994ca3987d6d27d74.jpg)
22.3 Recessionary and Inflationary Gaps and Long-Run Macroeconomic Equilibrium – Principles of Economics
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