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Economics 1) Using an AD and SRAS diagram, analyse the impact of an increase in income tax rates on rGDP and the price level. 2)

Economics

1) Using an AD and SRAS diagram, analyse the impact of an increase in income tax rates on rGDP and the price level.

2) Using an AD and SRAS diagram, analyse the impact of an increase oil prices on the price level and rGDP.

3) Using an AD and SRAS diagram, evaluate the impact of a weakening of the exchange rate on rGDP and the price level.

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