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explain to me by your own answer please. Thank you 1. Tax cuts will likely affect aggregate demand and aggregate supply. Does it matter which

explain to me by your own answer please. Thank you

1. Tax cuts will likely affect aggregate demand and aggregate supply. Does it matter which is affected more?

Explain in terms of theAD-ASframework. (10 marks)

2. Explain the process by which commercial banks could increase the money supply. (10 marks)

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