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During a recession, if a government uses an expansionary fiscal policy to increase gdp, the:

A. aggregate supply curve will shift to the right

B. aggregate demand curve will shift to the right

C. aggregate supply curve will shift to the left

D. aggregate demand curve will shift to the left

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Khushboo Goyal
Khushboo GoyalLv5
30 Aug 2020
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Related questions

If aggregate demand shifts right then in the short run:

a. firms will increase production. In the long run, increased price expectations shift the short-run aggregate supply curve to the left.

b. firms will increase production. In the long run, increased price expectations shift the short-run aggregate supply curve to the right.

c. firms will decrease production. In the long run, increased price expectations shift the short-run aggregate supply curve to the left.

d. firms will decrease production. In the long run, increased price expectations shift the short-run aggregate supply curve to the right.

Other things equal, a decrease in the price level will:

a. shift the aggregate supply curve to the left.

b. shift the aggregate demand curve to the left.

c. cause a movement up a short-run aggregate supply curve.

d. cause a movement down an aggregate supply curve.

If a technological change occurs in the economy,
a. the long-run aggregate supply curve will shift to the right.
b. the long-run aggregate supply curve will shift to the left.
c. we will move down along the long-run aggregate supply curve.
d. we will move up along the long-run aggregate supply curve.

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