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Q3: COVID-19 hit the Bangladesh economy and it is going to make a recessionary gap on the real GDP of Bangladesh. Using the Keynesian model
Q3: COVID-19 hit the Bangladesh economy and it is going to make a recessionary gap on the real GDP of Bangladesh. Using the Keynesian model of Aggregate Demand and Long-run Aggregate Supply curve, explain how Bangladesh government "Stimulus Package" within the framework of expansionary fiscal and monetary policy increases the real GDP. Also discuss the Bangladesh government recent initiative in this regard.
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