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Given AD1 and AS1 in Figure 8

Question 94

Multiple Choice

Given AD<sub>1</sub> and AS<sub>1</sub> in Figure 8.3,the Keynesian approach to achieving a higher level of output would be to A) Impose price controls. B) Increase the growth of the money supply to shift AS<sub>1</sub> to AS<sub>2</sub>. C) Do nothing. D) Employ an expansionary fiscal policy. Given AD1 and AS1 in Figure 8.3,the Keynesian approach to achieving a higher level of output would be to


A) Impose price controls.
B) Increase the growth of the money supply to shift AS1 to AS2.
C) Do nothing.
D) Employ an expansionary fiscal policy.

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