In the above figure, the inflationary gap can correctly be identified as

Deposit insurance and government's willingness to help distressed banks have virtually eliminated the potential for serious bank runs

a. True b. False Indicate whether the statement is true or false

The discovery of coal mines in a country will cause: a. the aggregate supply curve to shift rightward

b. the aggregate supply curve to shift leftward. c. an upward movement along the aggregate supply curve. d. a downward movement along the aggregate supply curve.