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Suppose That Mongolian Government Engages in Contractionary Fiscal Policy

Question 67

Multiple Choice

Suppose that Mongolian government engages in contractionary fiscal policy. Ceteris paribus, which of the graphs shows the correct effect in the AD-AS framework?


A)
Suppose that Mongolian government engages in contractionary fiscal policy. Ceteris paribus, which of the graphs shows the correct effect in the AD-AS framework? A) B) C) D)
B)
Suppose that Mongolian government engages in contractionary fiscal policy. Ceteris paribus, which of the graphs shows the correct effect in the AD-AS framework? A) B) C) D)
C)
Suppose that Mongolian government engages in contractionary fiscal policy. Ceteris paribus, which of the graphs shows the correct effect in the AD-AS framework? A) B) C) D)
D)
Suppose that Mongolian government engages in contractionary fiscal policy. Ceteris paribus, which of the graphs shows the correct effect in the AD-AS framework? A) B) C) D)

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