Question
If the economy exhibited an inflationary gap, the government should follow a(n) policy, which would shift the AD curve to the and A. inflationary; left;
If the economy exhibited an inflationary gap, the government should follow a(n) policy, which would shift the AD curve to the and A. inflationary; left; decrease unemployment. B. expansionary; right, increase unemployment. C. inflationary; left; increase unemployment. D. contractionary; left; increase unemployment. E. contractionary, left; increase RGDP.
If the economy exhibited an inflationary gap, the government should follow a(n) policy, which would shift the AD curve to the and A. inflationary; left; decrease unemployment. B. expansionary; right, increase unemployment. C. inflationary; left; increase unemployment. D. contractionary; left; increase unemployment. E. contractionary, left; increase RGDP.
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Entrepreneurial Small Business
Authors: Jerome Katz, Richard Green
4th edition
78029422, 978-0077513009, 77513002, 978-0078029424
