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    Principles of Macroeconomics Study Set 11
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    Exam 12: The Determination of Aggregate Output, the Price Level, and the Interest Rate
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    Using the Short-Hand Symbols G, Y, Md, R and I
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Using the Short-Hand Symbols G, Y, Md, R and I

Question 63

Question 63

Essay

Using the short-hand symbols G, Y, Md, r and I, demonstrate the effects of an expansionary fiscal policy.

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