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Exhibit 16A-3 Macro AD\AS Models in Panel (A)of Exhibit

Question 19

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Exhibit 16A-3 Macro AD\AS Models Exhibit 16A-3 Macro AD\AS Models   In Panel (a) of Exhibit 16A-3, an expansionary Keynesian government stabilization policy designed to move the economy from Y<sub>1</sub> to Y<sub>p</sub> would shift the: A) aggregate demand curve (AD) to the left. B) aggregate demand curve (AD) to the right. C) SRAS rightward. D) LRAS rightward. In Panel (a) of Exhibit 16A-3, an expansionary Keynesian government stabilization policy designed to move the economy from Y1 to Yp would shift the:


A) aggregate demand curve (AD) to the left.
B) aggregate demand curve (AD) to the right.
C) SRAS rightward.
D) LRAS rightward.

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