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I need help with question 10. suppose the economy is at full employment. Reduced geopolitical tensions cause the federal government to decrease military spending, which
I need help with question 10. "suppose the economy is at full employment. Reduced geopolitical tensions cause the federal government to decrease military spending, which causes a large budget surplus. According to the functional finance/Keynesian view of fiscal policy, how will the surplus affect real GDP, employment, and the price level? explain in words and a graph.
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