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Answer the following questions: 1. Describe a policy measure the government can use to close a recessionary gap. 2. Illustrate your response to part 1
Answer the following questions:
1. Describe a policy measure the government can use to close a recessionary gap.
2. Illustrate your response to part 1 in a graph.
3. Describe a policy measure the government can use to close an inflationary gap.
4. Illustrate your response to part 3 in a graph.
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