Refer to the information provided in Figure 26.3 below to answer the question(s) that follow. Figure 26.3Refer to Figure 26.3. A shift from AS1 to AS0 represents a(n)
A. decrease in aggregate supply.
B. decrease in aggregate quantity supplied.
C. increase in aggregate quantity supplied.
D. increase in aggregate supply.
Answer: D
Economics
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Suppose government spending rises by $120 billion. It follows that if private expenditures
A) rise by $120 billion, complete crowding out exists. B) fall by $100 billion, incomplete crowding out exists. C) remain unchanged, complete crowding out exists. D) rise by more than $120 billion, complete crowding out exists. E) b and c
Economics
Explain the two stabilization policies politicians use to smooth business cycles
Please provide the best answer for the statement.
Economics