Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Figure 32.2
-Refer to Figure 32.2. According to the new classical economists, under rational expectations an expected increase in government spending would

Question

Refer to the information provided in Figure 32.2 below to answer the question(s) that follow.

Figure 32.2
-Refer to Figure 32.2. According to the new classical economists, under rational expectations an expected increase in government spending would

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The Answer of Refer to the information provided in Figure 32.2 below to answer the question(s) that follow. Figure 32.2 -Refer to Figure 32.2. According to the new classical economists, under rational expectations an expected increase in government spending would A) shift AS₁ to the right. B) shift AD₁ to the right. C) shift AD₁ to the left. D) none of the above.

Refer to the Information Provided in Figure 32