Government Anti-Inflationary Fiscal Policy

Government anti-inflationary fiscal policy

A) is intended to shift the short-run aggregate supply curve to the left.
B) typically leads to an increase in total real output and a rise in the price level.
C) leads to a reduction in total real output when the short-run aggregate supply curve is positively sloped.
D) shifts the aggregate demand curve to the right.
E) is undertaken when the economy is in the horizontal range of the short-run aggregate supply curve.