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Explain the difference between an expansionary fiscal policy and contractionary use detailed illustration: Explain your answers in detail, use economic terms (aggregate-spending, production, income, employment

Explain the difference between an expansionary fiscal policy and contractionary use detailed illustration: Explain your answers in detail, use economic terms (aggregate-spending, production, income, employment and so on...). What are the economic consequences, how would they influence the four major sectors (C+I+G+Xn) and Real GDP.

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