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Briefly explain the following statements: A. A macroeconomic equilibrium is not necessarily a good thing. B. The AD-AS model is a better representation of the

Briefly explain the following statements:

A. A macroeconomic equilibrium is not necessarily a good thing.

B. The AD-AS model is a better representation of the real world than the Keynesian Cross Model.

C. Monetary policy does not work in a flexible exchange rate regime.

D. Expansionary fiscal policy may crowd out private investment.

E. Depreciation of currency will boost aggregate demand in the economy.

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