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Business, 19.08.2021 01:00 Tyrant4life

Specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in response to each of the situations below and sketch a diagram using aggregate demand and aggregate supply curves to illustrate your a. A recession.
b. A stock market collapse that hurts consumer and business confidence.
c. Extremely rapid growth of exports.
d. Rising inflation.
e. A rise in the natural rate of unemployment. f. A rise in oil prices.

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