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3. Show graphically a recessionary gap using AS-AD model and explain, with the help of your graph, how i) a monetary policy action reduces/eliminates it

3. Show graphically a recessionary gap using AS-AD model and explain, with the help of your graph, how i) a monetary policy action reduces/eliminates it ii) a fiscal policy action reduces/eliminates it iii) self-correction reduces/eliminates it

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