(Figure: Short-Run Equilibrium) Use Figure: Short-Run Equilibrium. The diagram indicates a short-run inflationary gap. The size of the inflationary gap is: LRAS Aggregate price level SRAS P? P?-Po. OP? - Po. Y? - YP. O P?-P?. P? Po Yp Y? AD Real GDP The key measure used to track economic growth is: real GDP per capita. nominal GDP per capita. no solutionspile.com

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(Figure: Short-Run Equilibrium) Use Figure: Short-Run Equilibrium. The diagram indicates a short-run inflationary gap. The size of the inflationary gap is: LRAS Aggregate price level SRAS P? P?-Po. OP? - Po. Y? - YP. O P?-P?. P? Po Yp Y? AD Real GDP  The key measure used to track economic growth is: real GDP per capita. nominal GDP per capita. nominal GDP. real GDP. solutionspile.com

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