If actual output equals potential output, unusually slow potential output growth would tend to result in:

If an amusement park that is highly profitable during the summer months is unable to cover its variable costs during the winter months, it should

a. raise its prices during the winter months. b. lower its prices during the summer months. c. operate during the summer but shut down during the winter months. d. operate during all months of the year as long as its profits during the summer exceed its losses during the winter.

The economy pictured in the figure below has a(n) ________ gap with a short-run equilibrium combination of inflation and output indicated by point ________.  

A. recessionary; B B. recessionary; C C. recessionary; A D. expansionary; A