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    Macroeconomics Study Set 48
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    Exam 13: Fiscal Policy
  5. Question
    Contractionary Fiscal Policy Shifts the Aggregate Demand Curve to the _____
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Contractionary Fiscal Policy Shifts the Aggregate Demand Curve to the _____

Question 21

Question 21

Multiple Choice

Contractionary fiscal policy shifts the aggregate demand curve to the _____ and is used to close a(n) _____ gap.


A) right; inflationary
B) right; recessionary
C) left; inflationary
D) left; recessionary

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