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Business, 22.03.2021 19:00 Moneyman587

g Assume that instead of waiting for the long-run adjustment, the government of Declia is considering using fiscal policy to address the recessionary gap of $100 billion. (i) If the government chooses to increase its deficit spending, calculate the minimum change in government spending required to increase aggregate demand by the amount of the recessionary gap.

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g Assume that instead of waiting for the long-run adjustment, the government of Declia is considerin...
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