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Draw two diagrams showing a shift in the LRAS curve as a result of potential economic growth from: (a) Keynesian Prespective (b) New- Classical Prespective

Draw two diagrams showing a shift in the LRAS curve as a result of potential economic growth from:

(a) Keynesian Prespective

(b) New- Classical Prespective

Describe fiscal policy and list two methods the givernemtn may use to encourage an expansionry fiscal policy \:

Define investment and differntate between the two types of investment from the point of view of firms:

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