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Exhibit 20A-2  Macro AD/AS Models in Panel (A) of Exhibit

Question 58

Multiple Choice

Exhibit 20A-2  Macro AD/AS Models Exhibit 20A-2  Macro AD/AS Models In Panel (a) of Exhibit 20A-2, 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 20A-2, 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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