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Suppose the government wants to increase spending in the economy to counteract the current recession. If it passes a stimulus bill that funds new education
Suppose the government wants to increase spending in the economy to counteract the current recession. If it passes a stimulus bill that funds new education programs and public work projects such as new energy infrastructure, what curve will shift and in what direction? IS curve; rightward IS curve; leftward Phillips curve; upward MP curve; upward
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