Figure: AS/AD Adjustment ` Beginning at Point W in the figure,suppose the government engages in a large increase in government expenditure.If workers react by displaying intertemporal substitution and enter the workforce,the economy should move to Point _____ in the short run.
A) V
B) X
C) Y
D) Z

Question

Figure: AS/AD Adjustment  ` Beginning at Point W in the figure,suppose the government engages in a large increase in government expenditure.If workers react by displaying intertemporal substitution and enter the workforce,the economy should move to Point _____ in the short run.
A) V 
B) X 
C) Y 
D) Z

Quizplus · Accepted Answer

The Answer of Figure: AS/AD Adjustment  ` Beginning at Point W in the figure,suppose the government engages in a large increase in government expenditure.If workers react by displaying intertemporal substitution and enter the workforce,the economy should move to Point _____ in the short run.
A) V 
B) X 
C) Y 
D) Z

Figure: AS/AD Adjustment ` Beginning at Point W in the Figure,suppose