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Refer to the Information Provided in Figure 14

Question 57

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Refer to the information provided in Figure 14.7 below to answer the questions that follow.
Refer to the information provided in Figure 14.7 below to answer the questions that follow. Figure 14.7 -Refer to Figure 14.7.Which combinations of events could move the economy from Point A to Point C,and then from Point C to Point D? A) a contractionary fiscal policy followed by a leftward shift in the AS curve B) a contractionary fiscal policy followed by a rightward shift in the AS curve C) an expansionary fiscal policy followed by a leftward shift in the AS curve D) an expansionary fiscal policy followed by a rightward shift in the AS curve Figure 14.7
-Refer to Figure 14.7.Which combinations of events could move the economy from Point A to Point C,and then from Point C to Point D?


A) a contractionary fiscal policy followed by a leftward shift in the AS curve
B) a contractionary fiscal policy followed by a rightward shift in the AS curve
C) an expansionary fiscal policy followed by a leftward shift in the AS curve
D) an expansionary fiscal policy followed by a rightward shift in the AS curve

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