Multiple Choice
A contractionary fiscal policy shifts the aggregate demand curve
A) to the right and is used to close an inflationary gap.
B) to the right and is used to close a recessionary gap.
C) to the left and is used to close an inflationary gap.
D) to the left and is used to close a recessionary gap.
Correct Answer:
Verified
Correct Answer:
Verified
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