Aggregate demand and supply diagram, Microeconomics

1- Explain how a policy mix (like the one used in 1990s) could help reduced to eliminate the budget deficit without having an adverse effect on the output.   Illustrate your answer using IS-LM graph.

2- Carefully explain the neutrality of money on the medium run. Use an aggregate demand - Aggregate supply diagram to illustrate your answer.

Posted Date: 2/28/2013 12:23:32 AM | Location : United States







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