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The Figure Above Shows a Nation's Aggregate Demand Curve,aggregate Supply

question 110

Multiple Choice

  The figure above shows a nation's aggregate demand curve,aggregate supply curve,and potential GDP. -In the figure above,the ________ gap is one trillion dollars.To close the gap,the government can ________ government expenditure and/or ________ taxes. A) recessionary;increase;decrease B) inflationary;decrease;increase C) inflationary;increase;increase D) recessionary;decrease;decrease E) recessionary;decrease;increase The figure above shows a nation's aggregate demand curve,aggregate supply curve,and potential GDP.
-In the figure above,the ________ gap is one trillion dollars.To close the gap,the government can ________ government expenditure and/or ________ taxes.


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Credited

Acknowledged or praised for one’s contributions or efforts towards a particular outcome or achievement.

Albert Schweitzer

was a German-French theologian, organist, writer, humanitarian, philosopher, and physician known for his philosophy of Reverence for Life.

Leader

A person or entity that guides or directs a group, organization, or country towards a goal, often by influencing others and setting a positive example.

Achievement-oriented

Focused on setting and meeting high standards and achieving significant goals.

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