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

question 93

Multiple Choice

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

• A)short-run aggregate supply curve shifts leftward and the price level falls
• B)short-run aggregate supply curve shifts rightward and the price level increases
• C)short-run aggregate supply curve shifts rightward and the price level falls
• D)aggregate demand curve shifts leftward and the price level falls
• E)aggregate demand curve shifts rightward and the price level falls

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Definitions:

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Medical actions taken to diagnose, treat, or prevent illness, including surgeries, tests, medications, and other interventions.

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Committees that review and monitor research involving human participants to ensure ethical standards are met.

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The supervision and regulation of activities by a federal authority to ensure compliance with laws and standards.