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Figure 27-2 -Refer to Figure 27-2.In the Graph Above,suppose the Economy Is

Question 14

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Figure 27-2
Figure 27-2    -Refer to Figure 27-2.In the graph above,suppose the economy is initially at point A.The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by the Congress and the president? A)  a decrease in income taxes B)  a decrease in interest rates C)  a decrease in government purchases D)  an increase in the money supply
-Refer to Figure 27-2.In the graph above,suppose the economy is initially at point A.The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by the Congress and the president?


A) a decrease in income taxes
B) a decrease in interest rates
C) a decrease in government purchases
D) an increase in the money supply

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