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    Exam 20: Fiscal Policy and Monetary Policy
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    A Fiscal Stimulus Works to Close a Recessionary Gap by Shifting
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A Fiscal Stimulus Works to Close a Recessionary Gap by Shifting

Question 31

Question 31

Multiple Choice

A fiscal stimulus works to close a recessionary gap by shifting the


A) AD curve leftward.
B) AS curve leftward.
C) AD curve leftward and AS curve leftward.
D) AD curve rightward.
E) potential GDP line leftward.

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