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    Macroeconomics Study Set 37
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    Exam 13: Fiscal Policy
  5. Question
    According to the Graph Shown, the Consequence of Expansionary Fiscal
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According to the Graph Shown, the Consequence of Expansionary Fiscal

Question 11

Question 11

Multiple Choice

  According to the graph shown, the consequence of expansionary fiscal policy is: A)  inflation. B)  deflation. C)  a greater level of potential output. D)  a lower level of potential output. According to the graph shown, the consequence of expansionary fiscal policy is:


A) inflation.
B) deflation.
C) a greater level of potential output.
D) a lower level of potential output.

Correct Answer:

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