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Use lS-LM and AS-AD graphs to answer this question. a. Show an economy in a typical real business QEIe model recession. On each graph, label
Use lS-LM and AS-AD graphs to answer this question. a. Show an economy in a typical real business QEIe model recession. On each graph, label the original {pm-recession} point A, and the recession point B. b. According to REC/Classical economists, what would happen if the government used scal policy to stabilize the economy? Explain
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