If an Active Approach Is Followed in Closing an Expansionary

question 109

Multiple Choice

If an active approach is followed in closing an expansionary gap,_____.

• A)the aggregate demand curve would shift rightward
• B)the aggregate demand curve would shift leftward
• C)the short-run aggregate supply curve would shift rightward
• D)the short-run aggregate supply curve would shift leftward
• E)there would be a movement up and to the left along the short-run supply curve