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Given AD1 and AS1 in Figure 8

question 94

Multiple Choice

  Given AD<sub>1</sub> and AS<sub>1</sub> in Figure 8.3,the Keynesian approach to achieving a higher level of output would be to A) Impose price controls. B) Increase the growth of the money supply to shift AS<sub>1</sub> to AS<sub>2</sub>. C) Do nothing. D) Employ an expansionary fiscal policy. Given AD1 and AS1 in Figure 8.3,the Keynesian approach to achieving a higher level of output would be to


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