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Exhibit 15-1 -Refer to the Graph in the Exhibit.According to Policymakers Who

Question 39

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Exhibit 15-1
Exhibit 15-1    -Refer to the graph in the exhibit.According to policymakers who favour a passive approach to policy, how will the economy attain equilibrium at potential output?   A)  The SRAS curve will shift to the left.  B)  The SRAS curve will shift to the right.  C)  Either the money supply or government spending will be increased.  D)  Either the money supply or government spending will be decreased.
-Refer to the graph in the exhibit.According to policymakers who favour a passive approach to policy, how will the economy attain equilibrium at potential output?  


A)  The SRAS curve will shift to the left. 
B)  The SRAS curve will shift to the right. 
C)  Either the money supply or government spending will be increased. 
D)  Either the money supply or government spending will be decreased.

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