If the economy was experiencing a recessionary gap, policy makers using the AD/AS model would probably recommend monetary policy that involved an open market:

Question

Quizplus · Accepted Answer

In a recessionary gap, the goal is to stimulate economic activity. Purchasing government securities typically lowers interest rates, which encourages borrowing and spending, helping to close the gap.

If the Economy Was Experiencing a Recessionary Gap, Policy Makers