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In 2008, Japan's Government Approved a $1 Trillion Fiscal Stimulus

Question 16

Multiple Choice

In 2008, Japan's government approved a $1 trillion fiscal stimulus plan comprised of both tax cuts and government expenditure increases. As a result,


A) Japan's aggregate supply curve shifted leftward.
B) Japan's long- run aggregate supply curve shifted leftward.
C) Japan's aggregate demand curve shifted leftward.
D) Japan's aggregate demand curve shifted rightward.

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