Use the Following to Answer Questions

question 76

Multiple Choice

Use the following to answer questions:
Figure: Inflationary and Recessionary Gaps
-(Figure: Inflationary and Recessionary Gaps) Refer to Figure: Inflationary and Recessionary Gaps. If the economy is in short-run equilibrium at Y₁ in panel (b) , to return to potential output at Y_P policy makers should use:

• A) contractionary stabilization policy.
• B) expansionary stabilization policy.
• C) policies to shift the SRAS to the left.
• D) policies to shift the LRAS to the left.

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Definitions:

Primary Health Services

Basic healthcare services focusing on prevention, diagnosis, and treatment of common illnesses and conditions, typically offered within the community.

Primary Care

Basic or initial healthcare provided by clinicians to patients for routine health services, preventive measures, and treatment of common illnesses.

Health Promotion Activities

Initiatives or actions undertaken to improve well-being and prevent health problems by encouraging healthy behaviors.

Continuing Care

Ongoing healthcare provided over an extended period, especially for individuals dealing with chronic conditions, disabilities, or long-term convalescence.