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Question 188

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Use the following to answer questions:
Figure: Inflationary and Recessionary Gaps Use the following to answer questions: Figure: Inflationary and Recessionary Gaps -(Figure: Inflationary and Recessionary Gaps) Look at the figure Inflationary and Recessionary Gaps. A movement from AD<sub>3</sub> to AD<sub>1</sub> could be caused by: A) increased government purchases. B) increased government transfers. C) higher tax rates. D) lower tax rates.
-(Figure: Inflationary and Recessionary Gaps) Look at the figure Inflationary and Recessionary Gaps. A movement from AD3 to AD1 could be caused by:


A) increased government purchases.
B) increased government transfers.
C) higher tax rates.
D) lower tax rates.

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