Multiple Choice
If the government does not react to a recession:
A) the economy will fail to return to its long-run equilibrium.
B) the economy will recover, but much more slowly.
C) voters and consumers are likely to be happy with less government interference.
D) the downturn will spread to other countries.
Correct Answer:
Verified
Correct Answer:
Verified
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Q9: The long-run aggregate supply curve would shift
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