52-If an economy is seeing a decrease in production due to a shift in the AD curve, what can be done to restore the AD back to its original position of macroeconomic equilibrium?

a.

Expansionary Fiscal Policy - Increase Taxes or Decrease Government Spending

b.

Expansionary Monetary Policy

c.

Expansionary Fiscal Policy - Decrease Taxes or Increase Government Spending

d.

Contractionary Fiscal Policy - Increase Taxes or Decrease Government Spending

54-State and local budgets are procyclical

Select one:

True

False