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? ? Suppose right before an election President Bush announces a tax cut for all Americans. The graph represents aggregate demand (AD) and aggregate supply

Suppose right before an election President Bush announces a tax cut for all Americans.The graph represents aggregate demand

Suppose right before an election President Bush announces a tax cut for all Americans. The graph represents aggregate demand (AD) and aggregate supply (AS) before the announcement. Please shift the appropriate curve(s) to illustrate the result of this policy. Price level 4 Potential GDP AS Price level Potential GDP Real GDP AS

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