Multiple Choice
Expansionary fiscal policy can cause a rise in real GDP in combination with
A) an increase in the price level.
B) a decrease in the price level.
C) no change in the price level.
D) a decrease in the price level if the aggregate supply curve is upward sloping.
Correct Answer:

Verified
Correct Answer:
Verified
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Q173: Figure 11-2<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 11-2
Q174: Figure 11-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 11-3
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Q176: Figure 11-3<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8592/.jpg" alt="Figure 11-3