A Change in Government Spending Can Close an Expansionary Gap

question 105

True/False

A change in government spending can close an expansionary gap by shifting the short-run aggregate supply curve.

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Definitions:

Abdominal Muscles

A group of muscles in the abdomen involved in the movement of the torso and maintaining posture.

Naming

The action or process of identifying a person, place, or thing by giving them a distinctive title.

Muscles

Tissues in the body that have the ability to contract, enabling movement of the body and its parts.

Deltoid Muscle

A large, triangular-shaped muscle located on the uppermost part of the arm and the top of the shoulder, involved in arm rotation and lifting.