-In the above figure,if the economy initially is at point A and government expenditure increases,in the short run the economy will move to point

Name: -In the above figure,if the economy initially is at point A and government expenditure increases,in the short run the economy will move to point
Brand: Quizplus
Rating: 4.8 (45 reviews)

Question

Quizplus · Accepted Answer

An increase in government expenditure typically shifts the aggregate demand curve to the right, moving the economy from point A to point B in the short run.

-In the Above Figure,if the Economy Initially Is at Point