Multiple Choice
Suppose the economy is at a point below its institutional production possibilities frontier.To improve this situation,Keynesian economists might propose that the government should __________ expenditures,which will cause the aggregate demand curve to shift to the __________ in an attempt to close this __________ gap.
A) decrease; left; inflationary
B) increase; right; inflationary
C) decrease; right; inflationary
D) increase; right; recessionary
E) decrease; left; recessionary
Correct Answer:
Verified
Correct Answer:
Verified
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