In early 2013, significant political gridlock in Congress involved automatic spending cuts by the government termed the

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In early 2013, significant political gridlock in Congress involved automatic spending cuts by the government termed the Sequester. Many economists warned that allowing the drastic cuts to persist increased the risk of another recession (“The Sequester and Fiscal Policy,” The New York Times, March 8, 2013). Using the AD/AS model and what you know about the multiplier, explain why economists would come to this conclusion.
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