A Contractionary Fiscal Policy Is Shown as A

question 82

Multiple Choice

A contractionary fiscal policy is shown as a:

• A) rightward shift in the economy's aggregate demand curve.
• B) rightward shift in the economy's aggregate supply curve.
• C) movement along an existing aggregate demand curve.
• D) leftward shift in the economy's aggregate demand curve.

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Definitions:

Airlines

Businesses that offer services for flying both passengers and cargo.

Sherman Act

The Sherman Act is a foundational antitrust law in the United States that prohibits monopolistic practices and promotes competition.

Price Discrimination

A pricing strategy where identical or substantially similar goods or services are sold at different prices by the same provider in different markets.

Interlocking Directorates

When one person serves on the boards of at least two competing firms.