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Exhibit 20A-2 Macro AD/AS Models

Question 11

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Exhibit 20A-2 Macro AD/AS Models
Exhibit 20A-2 Macro AD/AS Models -In Panel (a) of Exhibit 20A-2,an expansionary Keynesian government stabilization policy designed to move the economy from Y₁ to Yp would shift the: A) aggregate demand curve (AD) to the left. B) aggregate demand curve (AD) to the right. C) SRAS rightward. D) LRAS rightward.
-In Panel (a) of Exhibit 20A-2,an expansionary Keynesian government stabilization policy designed to move the economy from Y₁ to Yp would shift the:


A) aggregate demand curve (AD) to the left.
B) aggregate demand curve (AD) to the right.
C) SRAS rightward.
D) LRAS rightward.

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