In the Long Run, Fiscal Policy Primarily Affects

question 431

Multiple Choice

In the long run, fiscal policy primarily affects

• A) aggregate demand. In the short run, it affects primarily aggregate supply.
• B) aggregate supply. In the short run, it affects primarily saving, investment, and growth.
• C) saving, investment, and growth. In the short run, it affects primarily aggregate demand.
• D) saving, investment, and growth. In the short run, it affects primarily aggregate supply.

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Definitions:

Oral

Pertaining to the mouth or spoken words; used in communication through speech rather than written form.

Immediate Feedback

Quick response to a message or action, allowing for rapid adjustment and improvement.

Oral Medium

A channel of communication that involves conveying messages or information through spoken words, in contrast to written or visual mediums.

Written Medium

A form of communication that involves the use of written language to convey messages or information.