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a. Use the aggregate demand and supply to show the effects of an increase in consumer spending in the short-run and in the long-run. Explain
a. Use the aggregate demand and supply to show the effects of an increase in consumer spending in the
short-run and in the long-run. Explain the reason for each shift.
b. Use the aggregate demand and supply to show the effects an increase in investment spending in the
short-run and in the long-run. Explain the reason for each shift.
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