Answer: (middle point, intersection)
RIGHT
Explanation:
Answer:
recessionary expenditure gap.
Explanation:
Given that that recessionary gap is a term that describes a circumstance whereby the real GDP is lesser than the potential GDP at the full employment level.
Hence, to achieve the full-employment real GDP certain amount must be expended.
This amount is known as RECESSIONARY EXPENDITURE GAP and will ensure the aggregate expenditures schedule shift upward to achieve full employment real GDP
They fished whales and fish. They traded with the Indians, built ships, farmed grain, rice, and wheat and manufactured iron goods.
