Graphically,which of the Following Will Be the Result of Counter-Cyclical

question 64

Multiple Choice

Graphically,which of the following will be the result of counter-cyclical fiscal policy?

• A)Only the AS curve will shift.
• B)Both the AS and the potential GDP curves will shift.
• C)There will be a movement along the AS curve.
• D)There will be a movement along both the AS and potential GDP curves.

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Definitions:

Limited Partner

A limited partner is an investor in a partnership who is not involved in the day-to-day management and whose liability is limited to the amount of their investment.

Disclosed

Revealed or made known information, often in the context of legal or business proceedings.

General Partner

An owner of a partnership who has unlimited liability and is responsible for the management of the business.

Registered Partnership

A legally recognized form of partnership which is registered with the appropriate government authorities.