(Figure: Inflationary and Recessionary Gaps) Use Figure: Inflationary and Recessionary Gaps. A movement from AD1 to AD3 could be caused by:
A) increased government purchases
B) increased government purchases.
C) decreased government transfers
D) decreased government transfers.
E) higher tax rates.
F) higher tax rates
G) decreased government purchases
H) decreased government purchases.
Correct Answer:
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Q168: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q169: (Figure: Fiscal Policy I) Use Figure: Fiscal
Q170: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q171: (Figure: Fiscal Policy I) Use Figure: Fiscal
Q172: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q173: (Figure: Fiscal Policy I) Use Figure: Fiscal
Q175: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q176: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q177: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q178: (Figure: Inflationary and Recessionary Gaps) Use Figure:
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