One of the cons of fiscal policy was that it could create inflation. This occurs because shifts
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Question:
One of the cons of fiscal policy was that it could create inflation. This occurs because shifts in aggregate demand affect the price level in
Question 12 options:
the short run but not in the long run. | |
the long run but not in the short run. | |
both the short and long run. | |
neither the short nor long run. |
Expert Answer:
Option B is the correct answer In the long run not in the short run The short run in ... View the full answer
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