Use the Following to Answer Questions

question 216

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. In panel (a) , an expansionary policy designed to move the economy from Y₁ to Y_p would attempt to shift the:

• A) aggregate demand curve to the left by increasing aggregate demand.
• B) aggregate demand curve to the right by increasing aggregate demand.
• C) SRAS curve to the left.
• D) LRAS curve to the left.

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Definitions:

Beneficence

The principle of doing good and ensuring the well-being of others, especially in ethical frameworks and medical practices.

Minimal Risks

Refers to the probability and magnitude of harm or discomfort anticipated in research not being greater than those ordinarily encountered in daily life or during routine physical or psychological examinations.

Justice

The principle of fairness where individuals are treated ethically and without bias, accorded their due rights and punishment.

Fair Distribution

The equitable allocation of resources or opportunities among members of a group.