Multiple Choice
Suppose a shift in aggregate demand creates an economic contraction.If policymakers can respond with sufficient speed and precision,they can offset the initial shift by shifting
A) aggregate supply right.
B) aggregate supply left.
C) aggregate demand right.
D) aggregate demand left.
Correct Answer:

Verified
Correct Answer:
Verified
Q86: Which of the following will reduce the
Q87: If the economy is initially at long-run
Q88: Suppose the economy is in long-run equilibrium.In
Q89: Figure 33-8. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-8.
Q90: Imagine the U.S.economy is in long-run equilibrium.Then
Q92: During the 2008-2009 unemployment rose from about
Q93: Pessimism<br>Suppose the economy is in long-run equilibrium.
Q94: In 1986,OPEC countries increased their production of
Q95: Figure 33-5. <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2297/.jpg" alt="Figure 33-5.
Q96: When production costs rise,<br>A)the short-run aggregate supply