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The US lifts trade restrictions with Cuba. How does this affect Aggregate Demand and Supply? What are the corresponding effects on Unemployment and Inflation as

The US lifts trade restrictions with Cuba.

  1. How does this affect Aggregate Demand and Supply?
  2. What are the corresponding effects on Unemployment and Inflation as a result?
  3. What fiscal and or monetary policies would you recommend to bring the economy back to Long Run Equilibrium?
  4. Why would or why wouldn't you support this trade policy?

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