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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.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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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.

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