In 1939, with the U.S. economy not yet fully recovered from the Great Depression, President Franklin Roosevelt

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In 1939, with the U.S. economy not yet fully recovered from the Great Depression, President Franklin Roosevelt proclaimed that Thanksgiving would fall a week earlier than usual so that the shopping period before Christmas would be longer.

(The policy was dubbed “Franksgiving.”) Explain what President Roosevelt might have been trying to achieve, using the model of aggregate demand and aggregate supply.

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