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Exhibit 15-2 -Refer to the Graph in the Exhibit.Suppose the Expansionary Gap

Question 126

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Exhibit 15-2
Exhibit 15-2 -Refer to the graph in the exhibit.Suppose the expansionary gap is eliminated.According to policymakers who favour an active approach to policy, where will the economy end up?   A)  at point A  B)  at point B  C)  at point C  D)  unknown
-Refer to the graph in the exhibit.Suppose the expansionary gap is eliminated.According to policymakers who favour an active approach to policy, where will the economy end up?  


A)  at point A 
B)  at point B 
C)  at point C 
D)  unknown

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