Aggregate demand shifts right when the government

Tax is not the only way to finance the government expenditures. Government borrowing has been a major mechanism to sustain the large outlays in the recent decades. In the 2009 financial crisis, the Obama administration has implemented a large stimulus. Retrospectively, however, it was likely to be too small to bring the U.S. economy back to the trajectory. In contrast, the spending during the 2020-21 pandemic has been significantly larger (both under Trump and Biden administrations). Using the budget projection in the CBO's report, contrast the magnitude of the budget deficit in 2009 and 2020, and 2021 and describe your findings.

The set of fiscal policies that would be most inflationary would be a(n) ___   Question 14 options:   increase in government purchases and taxes.   increase in government purchases and a decrease in taxes.   decrease in government purchases and an increase in taxes.   decrease in government purchases and taxes.

Given an MPC of .8 and an increase in government spending of 5  The aggregate supply curve will shift to the right by 20 The aggregate supply curve will shift to the left by 20 The aggregate supply curve will shift to the right by 5 The aggregate supply curve will shift to the left by 5 None of the above