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Question: what are the two fiscal policy instruments available to the...

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price level LRAS SRAS AD real GDp inflationary gap

what are the two fiscal policy instruments available to the policy makers in this respect? what are the effects of these policy actions on the AD curve, price level and the real GDP?

analyze the effect of each policy tool on these macroeconomic variables.

What are the four methods the government can use to balance the budget? examine each methods

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