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Short Answers, Graphing. 2. Diagram and explain the impact of increased government spending on a new...

Short Answers, Graphing.

2. Diagram and explain the impact of increased government spending on a new missile-defense program on the U.S. economy. The question should be thought from the short-run perspective. That means you don't need to explain how the economy transits to the long-run equilibrium. If it helps, make the following change to the question:

"Diagram and explain the short-run impact of increased government spending on a new missile-defense program on the U.S. economy."

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