During a recession,a countercyclical fiscal or monetary policy can be used to ________ the economy by shifting ________.
A) slow down; the labor demand curve to the left
B) stimulate; the labor demand curve to the left
C) stimulate; the labor demand curve to the right
D) slow down; the labor demand curve to the right

Question

Quizplus · Accepted Answer

During a recession, a countercyclical fiscal or monetary policy aims to stimulate the economy. This is typically achieved by increasing demand for labor, which shifts the labor demand curve to the right.

During a Recession,a Countercyclical Fiscal or Monetary Policy Can Be