Figure 18-2 -Refer to Figure 18-2.In the Dynamic Model of AD-AS in of AD-AS

question 110

Multiple Choice

Figure 18-2
-Refer to Figure 18-2.In the dynamic model of AD-AS in the figure above,if the economy is at point A in year 1 and is expected to go to point B in year 2,Congress and the president would most likely

• A)decrease government spending.
• B)increase government spending.
• C)increase oil prices.
• D)increase taxes.
• E)lower interest rates.

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Definitions:

Unconstitutional Restriction

A limitation or rule that violates the principles or specific provisions of the Constitution.

Bill of Rights

The Bill of Rights generally refers to the first ten amendments to the United States Constitution, guaranteeing such rights as freedom of speech, assembly, and worship.

Government Action

Activities or measures taken by a government body or agency in the exercise of its powers.

Bill of Rights

The Bill of Rights constitutes the first ten amendments to the United States Constitution, guaranteeing fundamental civil liberties and protections to individuals.