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Business, 03.12.2019 21:31 asiaboo37

Assuming that unemployment is high and spending is low, answer the following questions.

(a) should the government pursue expansionary or contractionary fiscal policy?
(b) what will the appropriate policy do to the aggregate demand curve? will it shift to the right or to the left?
(c) through which component(s) of aggregate demand (consumption, investment, government spending, or net exports) will the change occur?

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Assuming that unemployment is high and spending is low, answer the following questions.

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