If Fiscal Policy Is Used to Close an Expansionary Gap,the

question 108

Multiple Choice

If fiscal policy is used to close an expansionary gap,the

• A)SRAS curve shifts leftward and the price level falls
• B)SRAS curve shifts rightward and the price level increases
• C)SRAS curve shifts rightward and the price level falls
• D)AD curve shifts leftward and the price level decreases
• E)AD curve shifts rightward and the price level decreases

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Definitions:

Blind Group Assignment

A method used in experiments where participants are randomly assigned to groups without knowing which group (e.g., experimental or control) they are in to reduce bias.

Random Group Assignment

A method used in experiments where participants are randomly assigned to different groups to ensure that each group has a similar composition at the start of the experiment.

Replication Crisis

A methodological issue in psychology and other fields indicating a lack of reproducibility of research findings, challenging the reliability of scientific literature.

Well-known Studies

Famous or widely recognized research projects or experiments in various fields of study.