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Sat 5 Feb, 2011 01:28 pm
a. Using the AD-AS model, explain and illustrate how a supply shock can push an economy into a recession.
b. Using the same diagram, explain whether the government could use expansionary fiscal policy to get the economy out of the recession. (20 Marks)
@susansmi,
how many of those 20 marks do i get if i do your homework for you
@djjd62,
djjd62,
That shows that you don't know wtf this question is even asking then, am I right? You get no marks, but you can have a whole shitload of middle fingers to show my appreciation. Asswipe.
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