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2 Some economists want to decrease governmentspending toreduce government budget deficits Other economists want to reduce the size of the deficit by raising taxes. Compare these two points
of view using aggregate supply and aggregate demand analysis. Illustrate the effects of each program
using a correctly labeledaggregate demand (AD) and short-run aggregatesupply (SRAS)graph.


2 Some economists want to decrease governmentspending toreduce government budget deficits

Other e

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