Based on the figure below. Starting from long-run equilibrium at point C, an increase in government spending that increases aggregate demand from AD to AD1 will lead to a short-run equilibrium at point ________ creating _____gap.  

A. D; an expansionary
B. B; no output
C. B; expansionary
D. A; a recessionary


Answer: A

Economics

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What will be an ideal response?

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In 2002, __________ had the largest dollar value of mergers and acquisitions

A) the United States B) the United Kingdom C) Germany D) Japan

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For a firm with market? power, the price effect is the? ________.

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