In the 2008-09 recession, the government deficit
A) stayed roughly constant.
B) decreased.
C) increased.
D) would have increased if the government had intervened.
C
Economics
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When the aggregate demand curve shifts ________ than the long-run aggregate supply shifts rightward, the result will be inflation
A) rightward at a faster rate B) leftward at a slower rate C) leftward at the same rate D) rightward at a slower rate
Economics
The slope of a production possibilities curve is ________ because ________.
A. positive; producing more of one good requires producing more of the other B. negative; producing more of one good requires producing less of the other C. positive; producing more of one good requires producing less of the other D. negative; producing less of one good requires producing less of the other
Economics