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Class notes APMACECO

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Lecture notes of 2 pages for the course APMACECO at Senior / 12th grade (Study notes)

Institution
Senior / 12th Grade
Course
APMACECO

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1. Below are two graphs that show an economy in disequilibrium. Fill in the table below
each graph to describe the changes that will result from either allowing the economy to
adjust on its own or having the government follow a contractionary or expansionary fiscal
policy.




Action taken Curve shift P RGDP

Allow economy to AS shifts right Fall Increase
adjust

Conduct AD shifts left Fall Fall
contractionary
fiscal policy




Action taken Curve shift P RGDP

Allow economy to AS shifts left Increase Decrease
adjust

Conduct AD shifts left Decrease Decrease
contractionary
fiscal policy

Written for

Institution
Senior / 12th grade
Course
APMACECO
School year
4

Document information

Uploaded on
March 3, 2025
Number of pages
2
Written in
2024/2025
Type
Class notes
Professor(s)
Ms.rollie
Contains
All classes

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