If there is a temporary demand shock (the demand decreases) and the Fed or the government decides to “do nothing” and to wait for the economy to “fix itself,” will the curve(s) that automatically shifted will shift______? Group of answer choices 1To the left. 2To the right. 3That curve(s) could shift in either direction. 4That curve(s) does not shift.
If there is a temporary demand shock (the demand decreases) and the Fed or the government decides to “do nothing” and to wait for the economy to “fix itself,” will the curve(s) that automatically shifted will shift______? Group of answer choices 1To the left. 2To the right. 3That curve(s) could shift in either direction. 4That curve(s) does not shift.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter14: Money And The Economy
Section: Chapter Questions
Problem 3WNG
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Question
If there is a temporary
Group of answer choices
1To the left.
2To the right.
3That curve(s) could shift in either direction.
4That curve(s) does not shift.
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