Question
One of the cons of fiscal policy was that it could create inflation. This occurs because shifts in aggregate demand affect the price level in
One of the cons of fiscal policy was that it could create inflation. This occurs because shifts in aggregate demand affect the price level in
Question 12 options:
the short run but not in the long run. | |
the long run but not in the short run. | |
both the short and long run. | |
neither the short nor long run. |
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Economics
Authors: Roger A. Arnold
11th edition
1133561675, 978-1133561675
