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11 Dec 2019
An economy is experiencing a recessionary gap. The government can ______.
(i) raise taxes or decrease the quantity of money to decrease long-run aggregate supply
(ii) raise taxes to decrease long-run aggregate supply
(iii) increase expenditure or cut taxes to increase short-run aggregate supply
(iv) increase expenditure or cut taxes to increase aggregate demand
An economy is experiencing a recessionary gap. The government can ______.
(i) raise taxes or decrease the quantity of money to decrease long-run aggregate supply
(ii) raise taxes to decrease long-run aggregate supply
(iii) increase expenditure or cut taxes to increase short-run aggregate supply
(iv) increase expenditure or cut taxes to increase aggregate demand
Khushboo GoyalLv5
30 Jan 2020
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