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The government is undertaking expansionary fiscal policy.

Illustrate how this action affects:

  1. The AD-AS model.
  2. The Phillips curve model.
  3. The IS-LM model.

How will this change impact on

  1. economic activity
  2. the price level
  3. the inflation rate
  4. interest rates
  5. the unemployment rate

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M93125496
  • Price:- $10

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