How might a recessionary gap be closed in the long run, assuming a passive policy?
A) by a rightward shift of the short-run aggregate supply curve
B) by a leftward shift of the short-run aggregate supply curve
C) by a rightward movement along a fixed short-run aggregate supply curve
D) by a decrease in aggregate demand
Correct Answer:
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Q86: Q103: Suppose a hands-off government policy is in Q104: Which of the following best describes the Q105: Which of the following does NOT influence Q106: In the short run, when will real Q108: In the long run, under what circumstances![]()
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