Multiple Choice
In 2008, Japanʹs government approved a $1 trillion fiscal stimulus plan comprised of both tax cuts and government expenditure increases. As a result,
A) Japanʹs long-run aggregate supply curve shifted leftward.
B) Japanʹs aggregate demand curve shifted leftward.
C) Japanʹs aggregate demand curve shifted rightward.
D) Japanʹs aggregate supply curve shifted leftward.
Correct Answer:
Verified
Correct Answer:
Verified
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