![Show a graph using AD-AS with recession equilibrium (recessionary gap). What kind of fiscal and monetary policies will be used to fix this gap? Show the graphical effect of these policies. What Show a graph using AD-AS with recession equilibrium (recessionary gap). What kind of fiscal and monetary policies will be used to fix this gap? Show the graphical effect of these policies. What](https://homework.study.com/cimages/multimages/16/img_22014728996990742108.png)
Show a graph using AD-AS with recession equilibrium (recessionary gap). What kind of fiscal and monetary policies will be used to fix this gap? Show the graphical effect of these policies. What
![Using Fiscal Policy to Fight Recession, Unemployment, and Inflation – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.) Using Fiscal Policy to Fight Recession, Unemployment, and Inflation – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.)](https://openoregon.pressbooks.pub/app/uploads/sites/29/2019/08/addressing-rec-keynes-cross.jpg)
Using Fiscal Policy to Fight Recession, Unemployment, and Inflation – Principles of Economics: Scarcity and Social Provisioning (2nd Ed.)
![Using the aggregate supply and demand model, draw an AS/AD graph and explain the process by which the economy returns to full employment from a recessionary trough caused by a decrease in Using the aggregate supply and demand model, draw an AS/AD graph and explain the process by which the economy returns to full employment from a recessionary trough caused by a decrease in](https://homework.study.com/cimages/multimages/16/adas16281533328218313467.png)