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policy one : increase government spending policy two : reduce tax and increase money supply for the same amount (dollar for dollar) in the LONG
policy one : increase government spending policy two : reduce tax and increase money supply for the same amount (dollar for dollar) in the LONG TERM using the IS/LM diagram, which policy would result in a lower r real interest rate (higher investment)
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Price Theory and Applications
Authors: Steven Landsburg
9th edition
1285423526, 978-1285947877, 1285947878, 978-1285423524
