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Whether the primary focus is on aggregate demand or supply

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Reference no: EM131137637

For each of the following fiscal policy proposals, determine whether the primary focus is on aggregate demand or aggregate supply or both:

i. $1,000 per person tax reduction

ii. a 5% reduction in all tax rates

iii. Pell Grants, which are government subsidies for college education

iv. government-sponsored prizes for new scientific discoveries

v. an increase in unemployment compensation

Reference no: EM131137637

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