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Refer to the Information Provided in Figure 28

Question 40

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Refer to the information provided in Figure 28.7 below to answer the question(s) that follow. Refer to the information provided in Figure 28.7 below to answer the question(s) that follow. Figure 28.7 -Refer to Figure 28.7. Which combinations of events could move the economy from Point A to Point C, and then from Point C to Point D? A) a contractionary fiscal policy followed by a leftward shift in the AS curve B) a contractionary fiscal policy followed by a rightward shift in the AS curve C) an expansionary fiscal policy followed by a leftward shift in the AS curve D) an expansionary fiscal policy followed by a rightward shift in the AS curve Figure 28.7
-Refer to Figure 28.7. Which combinations of events could move the economy from Point A to Point C, and then from Point C to Point D?


A) a contractionary fiscal policy followed by a leftward shift in the AS curve
B) a contractionary fiscal policy followed by a rightward shift in the AS curve
C) an expansionary fiscal policy followed by a leftward shift in the AS curve
D) an expansionary fiscal policy followed by a rightward shift in the AS curve

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