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Suppose the closed economy of Mordor is facing a deep recession and President Sauron of Mordor announces a 15.5 billion Mordor Dollar fiscal stimulus along

Suppose the closed economy of Mordor is facing a deep recession and President Sauron of Mordor announces a 15.5 billion Mordor Dollar fiscal stimulus along with quantitative easing to pull the economy out of recession. Explain the scenario and the expected impact of the above policies using a clearly drawn AD-AS diagram.

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