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AS AS2 AS2 ASA Price level Price level AD AD Real domestic output Real domestic output (A) (B) AS AS Price level Price level AD,

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AS AS2 AS2 ASA Price level Price level AD AD Real domestic output Real domestic output (A) (B) AS AS Price level Price level AD, AD, Real domestic output Real domestic output (C) (D) Which of the above diagrams best portrays the effects of a substantial reduction in government spending

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