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If an Active Approach Is Followed in Closing an Expansionary

Question 151

Multiple Choice

If an active approach is followed in closing an expansionary gap, _____


A) the aggregate demand curve would shift rightward.
B) the aggregate demand curve would shift leftward.
C) the short-run aggregate supply curve would shift rightward.
D) the short-run aggregate supply curve would shift leftward.
E) there would be an upward movement along the short-run aggregate supply curve.

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