If Fiscal Policy Is Used to Close an Expansionary Gap,the

question 108

Multiple Choice

If fiscal policy is used to close an expansionary gap,the

• A)SRAS curve shifts leftward and the price level falls
• B)SRAS curve shifts rightward and the price level increases
• C)SRAS curve shifts rightward and the price level falls
• D)AD curve shifts leftward and the price level decreases
• E)AD curve shifts rightward and the price level decreases

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Definitions:

Types Of Justice

Refers to the various bases of fairness, which include distributive justice (fairness in outcomes), procedural justice (fairness in the processes that lead to outcomes), and interactional justice (fairness in interpersonal interactions).

Employee's Reaction

The response or feedback of an employee to a particular situation or action taken by the employer, which can influence organizational atmosphere and performance.

Layoff

The temporary or permanent termination of employment of an employee or a group of employees for reasons such as cost-cutting or downsizing.

Human Resource Management

The strategic approach to the effective management of people in a company or organization so that they help the business gain a competitive advantage.