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Posted: **Thu May 26, 2022 7:34 am**

: 8 Using The Ad As Model Show The Short And Long Run Effects Of A An Expansionary Fiscal Policy B An Expansionary Mo 1 (10.19 KiB) Viewed 25 times

8. Using the AD-AS model show the short and long-run effects of: a) an expansionary fiscal policy, b) an expansionary monetary policy. Describe especially what happens to the level of prices (inflation), output, nominal money supply, real money supply and the interest rate.