Use the model of aggregate demand and short-run aggregate supply to explain how each of the following
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Use the model of aggregate demand and short-run aggregate supply to explain how each of the following would affect real GDP and the price level in the short run.
a. An increase in government purchases
b. A reduction in nominal wages L987
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Related Book For 
Principles Of Macroeconomics
ISBN: 9780691170817
1st Edition
Authors: Libby Rittenberg, Timothy Tregarthen
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