Multiple Choice
An increase in government transfers is an example of _____fiscal policy because it shifts the aggregate demand curve to the _____ aggregate output.
A) expansionary; left, increasing
B) contractionary; left, decreasing
C) expansionary; right, increasing
D) contractionary; right, decreasing
Correct Answer:

Verified
Correct Answer:
Verified
Q67: If the current equilibrium output lies above
Q68: The federal government's LARGEST source of revenue
Q69: Contractionary fiscal policy includes:<br>A) decreasing taxes.<br>B) increasing
Q70: A government might want to increase aggregate
Q71: Use the following to answer questions: <img
Q73: Use the following to answer questions: <img
Q74: Use the following to answer questions: <img
Q75: The basic equation of national income accounting
Q76: Use the following to answer questions: <img
Q77: Consumer spending will likely rise if:<br>A) government