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2.) Explain the macroeconomic effects of: (list all pertinent variables like G, Y , Md, r, I, Ms) a.) Expansionary Fiscal OR Expansionary Monetary b.)

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2.) Explain the macroeconomic effects of: (list all pertinent variables like G, Y , Md, r, I, Ms) a.) Expansionary Fiscal OR Expansionary Monetary b.) Contractionary Fiscal OR Contractionary Monetary

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