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-When Equilibrium Occurs at Point D,the Economy Is Exhibiting A(n)

Question 15

Multiple Choice

-When equilibrium occurs at point d,the economy is exhibiting a(n) : A) recessionary gap of cd, which calls for expansionary fiscal policy B) recessionary gap of cd, which calls for contractionary fiscal policy C) inflationary gap of cd, which calls for expansionary fiscal policy D) inflationary gap of cd, which calls for contractionary fiscal policy E) state in which there is no recessionary gap or inflationary gap
-When equilibrium occurs at point d,the economy is exhibiting a(n) :


A) recessionary gap of cd, which calls for expansionary fiscal policy
B) recessionary gap of cd, which calls for contractionary fiscal policy
C) inflationary gap of cd, which calls for expansionary fiscal policy
D) inflationary gap of cd, which calls for contractionary fiscal policy
E) state in which there is no recessionary gap or inflationary gap

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