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B) What would be the appropriate fiscal policy response to this situation if the primary concern of the government was to maintain price stability? illustrate
B) What would be the appropriate fiscal policy response to this situation if the primary concern of the government was to maintain price stability? illustrate thr effect if the policy on the equilibrium point and the aggregate price level using a diagram. C) Discuss the effectiveness of the policies in parts (a) and (b) in fighting stagflation
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