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If Fiscal Policy Is Used to Close an Expansionary Gap,the

Question 108

Multiple Choice

If fiscal policy is used to close an expansionary gap,the


A) SRAS curve shifts leftward and the price level falls
B) SRAS curve shifts rightward and the price level increases
C) SRAS curve shifts rightward and the price level falls
D) AD curve shifts leftward and the price level decreases
E) AD curve shifts rightward and the price level decreases

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