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Discussion 1: suppose AD increases with an increase in the quantity of money in circulation, explain, using the short-run Keynesian model, the effects on price
Discussion 1: suppose AD increases with an increase in the quantity of money in circulation, explain, using the short-run Keynesian model, the effects on price level and real GDP.
Discussion 2: suppose AD decreases, explain, using the SRAS-AD model, the effects on price level and real GDP
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