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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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