These answers are not the correct ones, I dont know if they are correct; please

Question

These answers are not the correct ones, I dont know if they are correct; please give me the right answers, please see my other questions, thank you

Lags that arise in the implementation of fiscal policy mean that: policy measures may not have an impact when they are most needed. expansionary fiscal policy will actually shift aggregate supply, rather than aggregate demand. expansionary fiscal policy will actually shift aggregate demand to the left, rather than to the right. increases in government spending will actually have a contractionary effect. The government budget deficit is MOST likely to rise when the: economy recovers from a recession. interest rate rises. unemployment rate rises. interest rate falls. If the economy is currently experiencing a recessionary gap, then the current short-run macroeconomic equilibrium is the same as the long-run macroeconomic equilibrium. then a contractionary fiscal policy can restore real GDP to the level of potential output. then the level of real GDP at the current short-run macroeconomic equilibrium is above the level of real GDP at the long-run macroeconomic equilibrium, then the level of real GDP at the current short-run macroeconomic equilibrium is below the level of real GDP at the long-run macroeconomic equilibrium. Nominal wages are "sticky" because: in the long run all wages become adjusted for inflation. wages are slow to rise in the short run when there are labor shortages and slow to fall even when there is significant level of unemployment, wages remain fixed in the long run thereby increasing the profitability of the firms. wages are slow to fall in the short run when there are labor shortages and slow to rise even when there is significant level of unemployment.

Explanation / Answer

21. A

22. A

23. D

24. B

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