Fiscal policy works primarily through:
A. Shifts of the AS curve.
B. Shifts of the AD curve.
C. The improvement of worker skills through subsidized training programs.
D. Shifts of both AD and AS as a result of changes in the interest rate.
Answer:B
Fiscal policy works primarily through:
A. Shifts of the AS curve. B. Shifts of the AD curve. C. The improvement of worker skills through subsidized training programs. D. Shifts of both AD and AS as a result of changes in the interest rate.