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Question 225

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Use the following to answer questions:
Figure: Short-Run Equilibrium Use the following to answer questions: Figure: Short-Run Equilibrium -(Figure: Short-Run Equilibrium) Look at the figure Short-Run Equilibrium. Appropriate fiscal policy action is: A) a decrease in transfer payments. B) an increase in government purchases. C) a decrease in tax rates. D) an increase in transfer payments.
-(Figure: Short-Run Equilibrium) Look at the figure Short-Run Equilibrium. Appropriate fiscal policy action is:


A) a decrease in transfer payments.
B) an increase in government purchases.
C) a decrease in tax rates.
D) an increase in transfer payments.

Correct Answer:

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