Use the Following to Answer Questions

question 49

Multiple Choice

Use the following to answer questions:
-(Figure: Short- and Long-Run Equilibrium II) Refer to Figure: Short- and Long-Run Equilibrium II. If the economy is at equilibrium at E₁, the government should use _____ fiscal policy to shift the aggregate demand curve to the _____.

• A) expansionary; right
• B) expansionary; left
• C) contractionary; right
• D) contractionary; left

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Definitions:

Affect Theory

A theoretical approach that explores how emotions and affective experiences influence human behavior and social interactions.

Actor-Network Theory

A framework in sociology and science and technology studies that views societal relations, including both human and nonhuman entities, as networks.

Queer Theory

An interdisciplinary perspective that challenges conventional views on gender and sexuality, focusing on the fluidity and complexity of these concepts.

Affect Theory

Explores the importance of emotions and bodily responses in the social and cultural phenomena, arguing that affect influences human behavior and social interactions.