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Ceteris paribus, what will happen to the aggregate economy if the government decided to spend less money? Discuss how the aggregate economy will change,including which
Ceteris paribus, what will happen to the aggregate economy if the government decided to spend less money? Discuss how the aggregate economy will change,including which curve(s) shift and in what direction along with howinflation and real GDP will change in the short term and long term.Next, discuss how the Federal Reserve Bank should respond to this crisis to maintain inflation and real GDP.
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