The BEST Type of Negative Shock for Fiscal Policy to Respond

question 248

Multiple Choice

The BEST type of negative shock for fiscal policy to respond to is a negative shock to:

• A) aggregate demand.
• B) short-run aggregate supply.
• C) the LRAS curve.
• D) inflation.

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Definitions:

Family Life

The daily interactions and relationships among members of a household, encompassing various domestic and kinship ties.

Friendships

Social relationships between individuals that are characterized by mutual affection, trust, and support.

Women

Adult human females, often discussed in contexts related to gender, societal roles, health issues, or rights.

Marriage

A legally or socially recognized union between two people as partners in a personal relationship, historically established as a means of forming family ties and social contracts.