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    Survey of Economics Study Set 1
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    Exam 15: Fiscal Policy
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    Using the Aggregate Demand and Supply Model, Expansionary Fiscal Policy
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Using the Aggregate Demand and Supply Model, Expansionary Fiscal Policy

Question 33

Question 33

True/False

Using the aggregate demand and supply model, expansionary fiscal policy will not affect the price level, but will restore full-employment GDP.

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