Answer to Question #108550 in Macroeconomics for December

Question #108550

A. In the AD-AS model, an expansionary fiscal policy may lead to a........

1. Rightward shift of aggregate demand and demand-pull inflation
2. Leftward shift of aggregate demand and demand-pull inflation
3. Rightward shift of aggregate supply and cost-push inflation
4. Leftward shift of aggregate supply and cost-push inflation

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