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question 33

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Use the following to answer questions:
Figure: Fiscal Policy I Use the following to answer questions: Figure: Fiscal Policy I   -(Figure: Fiscal Policy I)  Look at the figure Fiscal Policy I. Suppose that this economy is in equilibrium at E<sub>2</sub>. If there is a decrease in government purchases, _____ will shift to the _____, causing a(n)  _____ in the price level and a(n)  _____ in real GDP. A) AD<sub>2;</sub> left; increase; decrease B) AD<sub>2;</sub> left; decrease; decrease C) AD<sub>1;</sub> right; increase; increase D) AD<sub>1;</sub> right; decrease; increase
-(Figure: Fiscal Policy I) Look at the figure Fiscal Policy I. Suppose that this economy is in equilibrium at E2. If there is a decrease in government purchases, _____ will shift to the _____, causing a(n) _____ in the price level and a(n) _____ in real GDP.


Definitions:

Outpatient Clinic

A healthcare facility where patients receive diagnosis and treatment without being admitted overnight.

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A spoken or written account of connected events; a story or a reporting of events.

Annual Wellness Physical

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