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2. The figure 2 above illustrates an economy that is at full employment. Explain what would happen if the government employed an expansionary fiscal policy

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2. The figure 2 above illustrates an economy that is at full employment. Explain what would happen if the government employed an expansionary fiscal policy in this situation. Illustrate the effect of the policy on the graph. Figure 2 LRAS P2 - - - ASo Po ADO 0

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