Figure 16-1 
-Refer to Figure 16-1.Suppose the economy is in short-run equilibrium below potential GDP and no fiscal or monetary policy is pursued.Using the basic AD-AS model in the figure above,this would be depicted as a movement from
A) A to B.
B) B to C.
C) C to B.
D) B to A.
E) A to E.
Correct Answer:
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Q50: Figure 16-1 Q51: What is the difference between fiscal policy Q53: Tax cuts on business income increase aggregate Q54: Fiscal policy is determined by Q55: Give an example of an automatic stabilizer.Explain Q56: Figure 16-1 Q57: An increase in individual income taxes _
A)the Federal Reserve.
B)the
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