The combined efforts of the Fed and the Treasury in response to the financial crisis following the housing market crash caused:
A) the aggregate supply curve to shift to the right, back to its pre-crisis level.
B) the aggregate supply curve to shift to the left, far below its pre-crisis level.
C) the aggregate demand curve to shift to the right, back to its pre-crisis level.
D) the aggregate supply curve to shift to the left, back to its pre-crisis level.
Correct Answer:
Verified
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