本题目来源于试卷: IB Economics Unit 3.4: Macroeconomics - Monetary Policy & Fiscal Policy，类别为 IB经济学
[单选题]
At which point of intersection along the AS curve above would an expansionary fiscal policy have the largest impact on real output?
A. choice A
B. choice B
C. choice C
D. choice D
参考答案: A
本题详细解析:
On a Keynesian AS curve, suppbh /mo4h zzh8k ;)x3 *jppem7zly is perfectly elastic when there are many unused resources in the economy. The curve becomes pe ph o;/mj7 k8*4z3bh)xpzmhzerfectly inelastic as factors of production become increasingly scarce.
The more excess capacity there is (Point A), the more impact expansionary fiscal policy will have on real output.
Choices B and C show increased competition for economic capacity, so expansionary fiscal policy increases real output by a smaller amount.
Choice D shows no excess economic capacity, so expansionary fiscal policy will not increase real output.
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