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    Survey of Economics
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    Exam 20: A: Appendix: Policy Disputes Using the Self-Correcting Aggregate Demand and Supply Model
  5. Question
    Exhibit 20A-2 Macro AD/AS Models
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Exhibit 20A-2 Macro AD/AS Models

Question 1

Question 1

Multiple Choice

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


A) aggregate demand curve (AD) leftward.
B) SRAS curve leftward.
C) aggregate demand curve (AD) rightward.
D) LRAS curve rightward.

Correct Answer:

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