An Increase in Government Spending Initially and Primarily Shifts Which

question 161

Multiple Choice

An increase in government spending initially and primarily shifts which curve in what direction?

• A)aggregate demand right
• B)aggregate demand left
• C)aggregate supply right
• D)neither aggregate demand nor aggregate supply

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Definitions:

Liable

Legally responsible or answerable for an action or a situation.

Scope of Authority

The range or extent of power that an individual or organization legally has to make decisions or take action.

Agent

An individual or entity authorized to act on behalf of another person or entity in business matters or legal transactions.

Liable

Legally responsible for one's actions or for a particular outcome.