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1) Think of a recent U.S. fiscal policy change or monetary policy change. Describe it in one sentence:
2) Will this policy change have an impact primarily on aggregate demand or aggregate supply-or will it have a nearly equal effect on both? Explain.
3) Use the aggregate demand/aggregate supply curve analysis to describe the impact on output and prices of your policy change
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How do you account for the differences between the Portuguese and Castilian conquests of America in the first half of the 16th century?
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