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The Aggregate Demand – Aggregate Supply model (AD/AS) is a guide for policymaking. Explain, using an...

The Aggregate Demand – Aggregate Supply model (AD/AS) is a guide for
policymaking. Explain, using an AD/AS model, the effect on the aggregate
demand (AD) of expansionary monetary and fiscal policy. First draw the
diagram and then explain the impact on aggregate demand (AD).

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