Multiple Choice
-Refer to the above figure. Government policy that moved the economy from A to B would be accomplished by
A) an expansionary fiscal policy combined with a contractionary monetary policy.
B) a contractionary fiscal policy combined with an expansionary monetary policy.
C) a contractionary policy that would reduce the rate of inflation and would cause workers to remain unemployed longer than they were before.
D) raising the minimum wage.
Correct Answer:

Verified
Correct Answer:
Verified
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