![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
![Diagrammatically represent an economy in a recessionary gap. Next, identify where the economy in a recessionary gap lies in terms of both the institutional PPF and the physical PPF. | Homework.Study.com Diagrammatically represent an economy in a recessionary gap. Next, identify where the economy in a recessionary gap lies in terms of both the institutional PPF and the physical PPF. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/recessionary_gap2259433045731907989.jpg)
Diagrammatically represent an economy in a recessionary gap. Next, identify where the economy in a recessionary gap lies in terms of both the institutional PPF and the physical PPF. | 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
![What is the recessionary gap and inflationary gap? Explain the following concepts in detail. Use formulas or diagrams that could complete your description. | Homework.Study.com What is the recessionary gap and inflationary gap? Explain the following concepts in detail. Use formulas or diagrams that could complete your description. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/rigaps2220435061622489400.jpg)
What is the recessionary gap and inflationary gap? Explain the following concepts in detail. Use formulas or diagrams that could complete your description. | 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/180/2016/05/31e6488993c5b56a066593d5cd5d2724.jpg)