In 1992, as President George H. W. Bush was running (unsuccessfully) for reelection, the economy slowed down;

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In 1992, as President George H. W. Bush was running (unsuccessfully) for reelection, the economy slowed down; then in late 1993, after President Bill Clinton's election, the economy picked up steam.
a. Demonstrate graphically with the multiplier model a shift in the AE curve that would have caused the slowdown.
b. Demonstrate graphically with the multiplier model a shift in the AE curve that would have caused the improvement.
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Macroeconomics

ISBN: 978-0077307110

8th edition

Authors: David Colander

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