Advanced Placement (AP), 07.06.2021 08:20 maddyrose814
5. Draw an AS-AD model of an economy suffering from unemployment. What is one fiscal policy
that be implemented to close this gap? What is the effect of that policy? Explain (do not draw) how
the model returns to long-run equilibrium if the government does not intervene.
Answers: 1
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5. Draw an AS-AD model of an economy suffering from unemployment. What is one fiscal policy
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