Answer:
E, The economy is in a recessionary gap when the short-run equilibrium real output is above the long-run equilibrium real output.
Explanation:
See attached picture.
Diagram is from Andrew McCarthy's "Digging a Little Deeper" website/ blog.
I think the answer is = The purpose of the Penal Code.
Answer: It is C
Explanation: takes less time to transport goods(decreased) leading to more trade (increased)