Booming and everyone is making money with stock portfolios

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The stock market is booming and everyone is making money with their stock portfolios. At the same time, all business taxes have been increased by 20% as the government tries to reduce their deficit. Using the required underlying graphs, illustrate these two economic developments and then using the Aggregate Expenditures model illustrate the net impact on the GDP and AE.

Reference no: EM13995820

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