If the government enacts an expansionary policy during a time of full employment, ______.   A. price levels and GDP will decrease   B. price levels and GDP will increase   C. price levels will increase, but GDP will not be affected long-term   D. price levels will decrease, but GDP will not be affected long-term

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Chapter15: Poverty And Economic Inequality
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If the government enacts an expansionary policy during a time of full employment, ______.

 

A. price levels and GDP will decrease

 

B. price levels and GDP will increase

 

C. price levels will increase, but GDP will not be affected long-term

 

D. price levels will decrease, but GDP will not be affected long-term

 

 

Only typed answer and don't use chat gpt to solve the problem 

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