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Macroeconomics (10 marks) OUES'HON 2 According to AD-AS model. explain how increasing in the price of imported raw materials would affect the general price level

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Macroeconomics

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(10 marks) OUES'HON 2 According to AD-AS model. explain how increasing in the price of imported raw materials would affect the general price level and output. Then suggest an appropriate policy (monetary or fiscal policy) to overcome this problem. (10 marks)

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