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Firlakuza [10]
2 years ago
6

If the economy starts below full employment, an expansionary fiscal policy will shift the aggregate demand curve from _____ to _

____, and equilibrium will move from point _____ to
Business
1 answer:
MrRissso [65]2 years ago
7 0

The expansionary fiscal policy will shift the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

<h3>What is the below full employment?</h3>

Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.

Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.

Therefore, the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

Read more about aggregate demand

<em>brainly.com/question/1490249</em>

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The group responsible for establishing standards that identify material specifications and testing procedures is ____.
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Answer: ASTM International

Explanation:

The group that is responsible for the establishment of standards which identify material specifications and testing procedures is referred to as ASTM International.

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It was put in place in order to improve safety and to also improve the quality o both the consumer and the industrial products.

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Barbara owns a manufacturing plant with four facilities(North, South, East and West) in the state of Indiana. The workers at the
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Union power

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What can be learned about ancient greeks from this passage? check all that apply<br><br>​
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How many products are priced above average?<br><br> 12<br> 18<br> 22<br> 10
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On January 2013, Pennington Bancorp acquired $100,000 of marketable securities and classified them as Available for Sale. On Mar
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Answer:

b. Net Income

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Explanation:

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