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( Figure: Short-Run Equilibrium) Use Figure: Short-Run Equilibrium, Given the scenario depicted in the diagram, an appropriate fiscal policy main wald bos price Level SEAS

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( Figure: Short-Run Equilibrium) Use Figure: Short-Run Equilibrium, Given the scenario depicted in the diagram, an appropriate fiscal policy main wald bos price Level SEAS AD YP Y Real GDP O a. an increase in transfer payments. O b, a decrease in tax rates. O c a decrease in transfer payments. O d. an increase in government purchases

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