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6. Given the following data, discuss the way to fix this economy through: a) classical theory b) fiscal policy, and c) monetary policy. LRAS =

6. Given the following data, discuss the way to "fix" this economy through: a) classical theory b) fiscal policy, and c) monetary policy. LRAS = $12 trillion RGDP presently is at $ 14 trillion MPC = .75 RRR = .1 Discount Rate = 1%

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