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Answer questions 2a and 2b draw diagrams with LRAS and SRAS 2. Using an AD+AS diagram explain the following key benefits and costs of (short

Answer questions 2a and 2b

draw diagrams with LRAS and SRAS

2. Using an AD+AS diagram explain the following key benefits and costs of (short term) economic growth for an economy: Diagram (3) a. Lower unemployment (2) b. Improved public finances (4)

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