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QUESTION 10 When the economy's output decreases and price increases at the same time, what is the name of this phenomenon? O Staglation Deflation O
QUESTION 10 When the economy's output decreases and price increases at the same time, what is the name of this phenomenon? O Staglation Deflation O Depression Inflation O Recession QUESTION 11 What are some of the things the government can do to tackle the AS driven recession? More than one answer is possible. Monetary policy O Fiscal policy O Wait out and let the price expectations change QUESTION 12 if the government pursues fiscal policy to help the economy with the AS-driven recession, what side of the AS-AD model will it affect? Q None of them O AD O LRAS O SRAS QUESTION 13 if the government pursues monetary policy to help the conomy with the AS-driven recession, what side of the AS-AD model will it affect? AD O BRAS LRAGE None of thom
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