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

Question 8

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


A) aggregate demand curve (AD) leftward.
B) SRAS curve leftward.
C) aggregate demand curve (AD) rightward.
D) LRAS curve rightward.

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