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Q2 Question 2 Consider an economy at his long-run macroeconomic equilibrium. a) Draw the aggregate planned expenditure curve. b) On another graph, draw the aggregate

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Question 2 Consider an economy at his long-run macroeconomic equilibrium. a) Draw the aggregate planned expenditure curve. b) On another graph, draw the aggregate demand, the short-run aggregate supply and the longrun aggregate supply. c) Explain how those two graphs are related. cl) Suppose now that the government increases its expenditure. Show the short-run and long-run effects on your graphs and explain the process

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