Hello, Could anyone confirm these are correct? - Thank you Aplia: Student Questi

Question

Hello,

Could anyone confirm these are correct? - Thank you

Aplia: Student Question e Chegg Study | Guided So D courses aplia.com/af servlet/quiz?quiz action-takeQuiz&quiz-probGuid-Q4PLCOA8010100000030da8a70070000;&ct; =asoka2000-0074&ck;=3-1467757954470 0AAA055801553B576A8C0BD30000 7 : Apps Nothing s Free Dav Ambition vs Disconte California Real Estate Power Real Estate In p a Principles of Account Chess Traps: Bobby F 0 Mark Cuban & Tai Lo How to nvest during O Ten Commandment Current Fund Docume E 4. Use of discretionary policy to stabilize the economy The following graph shows a hypothetical aggregate demand curve (AD), short-run aggregate supply curve (SRAS), and long-run aggregate supply curve (LRAS) for the U.S. economy in February 2020 Suppose the government decides to intervene to bring the economy back to its potential output. In this case, the government would engage in a restrictive policy. Depending on which curve is affected by the government policy, shift either the SRAS curve or the AD curve to reflect the change that would successfully restore potential output. 150 SRA AD 130 110 SRAS AD 70 AD LRAS 30 OUTPUT (Trillions of dollars) Session Timeout 55:27 I'm Cortana. Ask me anything 3:36 PM 7/5/2016

Explanation / Answer

Yes, All the answers are correct.

If you don't understand anything then comment, I'ill revert back on the same. :)

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