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3. If LRAS = $500 billion, RGDP = $700 billion, and lVIPC = .8, then what should the government do under scal policy? Be specific.

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3. If LRAS = $500 billion, RGDP = $700 billion, and lVIPC = .8, then what should the government do under scal policy? Be specific. Also draw and label both the current situation and What would occur as the government impacted the economy through their actions

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