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Analysis of fiscal and monetary policies and their effects in the short term and long term .Hint: AD/AS graphs, AD, SRAS, LRAS.Use of terms like
Analysis of fiscal and monetary policies and their effects in the short term and long term.Hint: AD/AS graphs, AD, SRAS, LRAS.Use of terms like "expansionary" or "contractionary."Use of the PPF concept and its drivers.
Reference if needed: https://www.federalreserve.gov/faqs/money_12855.htm
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