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Figure 18-3 -Refer to Figure 18-3.In the Dynamic Model of AD-AS in of AD-AS

Question 58

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Figure 18-3 Figure 18-3 -Refer to Figure 18-3.In the dynamic model of AD-AS in the figure above,if the economy is at point A in year 1 and is expected to go to point B in year 2,Congress and the president would most likely pursue A) expansionary fiscal policy. B) contractionary fiscal policy. C) expansionary monetary policy. D) contractionary monetary policy. E) expansionary automatic stabilizers.
-Refer to Figure 18-3.In the dynamic model of AD-AS in the figure above,if the economy is at point A in year 1 and is expected to go to point B in year 2,Congress and the president would most likely pursue


A) expansionary fiscal policy.
B) contractionary fiscal policy.
C) expansionary monetary policy.
D) contractionary monetary policy.
E) expansionary automatic stabilizers.

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