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Please use the diagram of aggregate demand and aggregate supply to determine the effect of a. an increase in money supply b. an increase in
Please use the diagram of aggregate demand and aggregate supply to determine the effect of
a. an increase in money supply
b. an increase in government purchase
c. a war in the Middle East might interrupt the shipping of crude oil, driving up the cost on output and the price level in the short run and long run.
Diagrams must and explain clearly.
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