Look at the following Figure.




If the economy is at point E, there is a(n) _____ (Inflationary/ Recessionary) gap with _____ (High/Low) unemployment. This gap will be eliminated because there is _____ (Upward/downward) pressure on wages, shifting the _____ (SRAS, LRAS, AD) to the _____ (Right/Left) . So we will go to the potential out level and it causes a(n) _____ (Increase/Decrease/No Changes) in the level of prices and real wages and real prices will be _____(Increase/Decrease/ Unchanged).
( the image is at coursehero and study.com. I'm sorry)