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Figure 16-3 -Refer to Figure 16-3.In the Graph Above,suppose the Economy Is

Question 95

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Figure 16-3 Figure 16-3   -Refer to Figure 16-3.In the graph above,suppose the economy is initially at point A.The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by Congress and the president? A) a decrease in income taxes B) a decrease in interest rates C) a decrease in government purchases D) an increase in the money supply
-Refer to Figure 16-3.In the graph above,suppose the economy is initially at point A.The movement of the economy to point B as shown in the graph illustrates the effect of which of the following policy actions by Congress and the president?


A) a decrease in income taxes
B) a decrease in interest rates
C) a decrease in government purchases
D) an increase in the money supply

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