Multiple Choice
Suppose the advice of policymakers who favour a passive approach to policy is correct.How would a recessionary gap eventually close?
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.
Correct Answer:
Verified
Correct Answer:
Verified
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