Use the aggregate demand and supply model

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Use the Aggregate Demand/Supply Model to: A) Explain the circumstances under which expansionary fiscal policy will result only in inflation. Explain the economic conditions that cause this to be so, and use appropriate graphs to augment your discussion.

Explain the circumstances under which expansionary fiscal policy will result in growth, without inflation. Explain the economic conditions that cause this to be so, and use appropriate graphs to augment your discussion.

Reference no: EM13978554

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