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What policies would you advocate to slow down the economy

01 / 10 / 2021 Others

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Question


You are now responsible for Fiscal Policy in the United State(Congratulations and condolences). You economy advisors are telling you that the economy has been pushed beyond the long run aggregate supply level. What policies would you advocate to slow down the economy? How will these policies lead to slowing the economy? what is the effect of not slowing down the economy? Illustrate with a graph



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