In the Long Run, Fiscal Policy Primarily Affects

question 431

Multiple Choice

In the long run, fiscal policy primarily affects

• A) aggregate demand. In the short run, it affects primarily aggregate supply.
• B) aggregate supply. In the short run, it affects primarily saving, investment, and growth.
• C) saving, investment, and growth. In the short run, it affects primarily aggregate demand.
• D) saving, investment, and growth. In the short run, it affects primarily aggregate supply.

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Definitions:

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Cultural Competence

The ability of individuals and organizations to effectively interact, work, and communicate with people from different cultural backgrounds.

Culturally Appropriate

Pertaining to behaviors, practices, or attitudes that are sensitive to and respectful of the cultural norms and values of different groups or societies.

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