Expansionary fiscal policies are most appropriate when the economy is experiencing: a. a recessionary gap. b. an inflationary gap. c. a short-run equilibrium. d. a long-run equilibrium.

A. A recessionary gap

lbc corporation makes and sells a product called product wz. each unit of product wz requires 4.1 hours of direct labor at the rate of $20.00 per direct labor-hour. management would like you to prepare a direct labor budget for june. the company plans to sell 28,000 units of product wz in june. the finished goods inventories o

answerdemographic;