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    Macroeconomics Study Set 43
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    Exam 11: A: The Aggregate Expenditures Model
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    Describe the Impact of an Increase in Government Spending Assuming
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Describe the Impact of an Increase in Government Spending Assuming

Question 8

Question 8

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Describe the impact of an increase in government spending assuming no change in taxes and less than full-employment output.

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Assuming no change in taxes, the effect ...

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