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-Refer to the Above Diagram

Question 8

Multiple Choice

-Refer to the above diagram. The economy is at equilibrium at point B. If the goal is to move the economy to point A, the appropriate way to accomplish this is through: A) contractionary fiscal policy. B) expansionary fiscal policy. C) a shift in the aggregate demand curve from AD<sub>1</sub> to AD<sub>3</sub>. D) an increase in taxes.
-Refer to the above diagram. The economy is at equilibrium at point B. If the goal is to move the economy to point A, the appropriate way to accomplish this is through:


A) contractionary fiscal policy.
B) expansionary fiscal policy.
C) a shift in the aggregate demand curve from AD1 to AD3.
D) an increase in taxes.

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