Multiple Choice
Suppose government does NOT intervene in the economy.How would an expansionary gap be closed in the long run?
A) by a rightward shift of the short-run aggregate supply curve
B) by a leftward shift of the short-run aggregate supply curve
C) by a movement to the right along a fixed short-run aggregate supply curve
D) by a movement to the left along a fixed short-run aggregate supply curve
Correct Answer:

Verified
Correct Answer:
Verified
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