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Which of the following statements is TRUE?
jkim3464
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Which of the following statements is TRUE?
Which of the following statements is TRUE?
▸ Countercyclical fiscal policy stimulates an economy during a recession by shifting the labor demand curve to the right.
▸ Countercyclical fiscal policy stimulates an economy during a recession by shifting the labor supply curve to the right.
▸ Countercyclical fiscal policy stimulates an economy during a recession by shifting the labor demand curve to the left.
▸ Countercyclical fiscal policy stimulates an economy during a recession by shifting the labor supply curve to the left.
Textbook
Macroeconomics
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3
rd
Authors:
Acemoglu, Laibson, List
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Countercyclical fiscal policy stimulates an economy during a recession by shifting the labor demand curve to the right.
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