Use the Following to Answer Questions

question 246

Multiple Choice

Use the following to answer questions :
Figure: Short- and Long-Run Equilibrium
-(Figure: Short- and Long-Run Equilibrium) Look at the figure Short- and Long-Run Equilibrium. If the economy is at equilibrium at E₁, 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

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Definitions:

Evolutionary Psychologists

Professionals who study how evolutionary principles help explain the structure and function of the human mind.

Evolutionary Mechanisms

Describes the processes by which organisms change over time through adaptation, natural selection, and genetic variation.

Natural Selection

The process whereby organisms better adapted to their environment tend to survive and produce more offspring.

Genetic Variations

Differences in DNA sequences among individuals, which contribute to the diversity of traits and characteristics within a population.