Do Mathway | Alg X Key Facts to K X A myFranklin Lo x | myFranklin Lo x myFranklin for X McGraw-Hill C X Er 3-4: Application X A myFranklin for X + X A newconnect.mheducation.com Graw connect Help Close Graw Macro- Fiscal Policy and Multipliers Return to Activity Score TUTTCO IVI TICIPIUI information, but all you can come up with are a AD, AS, P GDP Below Policy Types and Techniques 0% aterials few half-remembered economics lectures... Area 1.1 Multiplier Math 0% Planet Explor Price Level Potential GDP Nevertheless, you plan to do your best! AS Two dimensional graph with price level on the vertical axis and real GDP on the horizontal axis. An upward sloping line is marked AS; a downward sloping line is marked AD. There is a vertical line marked Potential GDP located to the right of where So right now it has been determined the AS and AD curves intersect, that the economy is $1,200 short of Alien its optimal GDP value. Advisor Does that mean we want to do expansionary or contractionary fiscal Alien policy? AD Advisor Real GDP Expansionary fiscal policy Contractionary fiscal policy Submit 9 6:49