(Figure: Inflationary and Recessionary Gaps) Use Figure: Inflationary and Recessionary Gaps. A movement from AD3 to AD1 could be caused by:
A) increased government purchases.
B) increased government purchases
C) increased government transfers.
D) increased government transfers
E) higher tax rates.
F) higher tax rates
G) lower tax rates
H) lower tax rates.
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
Q174: (Figure: Inflationary and Recessionary Gaps) Use Figure:
Q175: (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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