For each of the following events:
a) Illustrate the short run effect on the economy (Changes in
Aggregate Demand, Aggregate Supply or both) using GRAPH.
b) Explain which policy is most suitable to overcome the
economic fluctuations - Fiscal policy, Monetary policy or
both.
For each of the following events: a) Illustrate the short run effect on the economy (Changes in Aggregate Demand, Aggreg
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