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Q. 1a. List and explain the components of aggregate expenditure 1b. Sketch the aggregate expenditure functions of a closed economy 1c. Explain how conflict might

Q. 1a. List and explain the components of aggregate expenditure

1b. Sketch the aggregate expenditure functions of a closed economy

1c. Explain how conflict might occur in achieving price stability and full employment

1d. Assess the policies that can be used to reduce inflation without creating more unemployment

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