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AP Macroeconomics
Unit 3 – National Income and Price Determination
Topic 3.5
What happens to unemployment levels in an recessionary gap?
Unemployment levels are the same as what is considered full employment
Unemployment levels are higher than what is considered full employment
Unemployment levels are not affected by an inflationary gap
Unemployment levels are lower than what is considered full employment
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AP Macroeconomics - 3.5 Equilibrium in Aggregate Demand-Aggregate Supply (AD-AS) Model
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Recessionary Gap
Unemployment Levels
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About Fiveable
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Terms of Use
Privacy Policy
CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
Request a Feature
Report an Issue
© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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