When an economy is producing to the left of long-run aggregate supply (LRAS), __________. a.) contractionary monetary

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Question:

When an economy is producing to the left of long-run aggregate supply (LRAS), __________. a.) contractionary monetary policies should be put in place b.) resources are overutilized c.) expansionary fiscal policies should be put in place d.) the LRAS curve will shift to the left to meet the current price level and GDP