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question 307

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Use the following to answer questions:
Figure: Short- and Long-Run Equilibrium II Use the following to answer questions: Figure: Short- and Long-Run Equilibrium II   -(Figure: Short- and Long-Run Equilibrium II)  Look at the figure Short- and Long-Run Equilibrium II. If the economy is at equilibrium at E<sub>1</sub>, the government should use _____ fiscal policy to shift the aggregate demand curve to the _____. A) expansionary; right B) expansionary; left C) contractionary; right D) contractionary; left
-(Figure: Short- and Long-Run Equilibrium II) Look at the figure Short- and Long-Run Equilibrium II. If the economy is at equilibrium at E1, the government should use _____ fiscal policy to shift the aggregate demand curve to the _____.


Definitions:

Hydrochloric Acid

A strong, corrosive acid that is a major component of gastric juice, aiding digestion by breaking down foods and killing microbes.

Nasogastric

Relating to or involving the nose and the stomach, especially a tube that goes from the nose to the stomach for feeding or medication.

Alimentary Canal

The whole passage along which food passes through the body from mouth to anus, including the esophagus, stomach, and intestines.

GB

Commonly used as an abbreviation for Gallbladder, an organ that stores bile produced by the liver.

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