Suppose to get re-elected, an incumbent government wants to continuously expand the economy so that people will associate high economic growth with the current government. Explain what will happen to...

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Suppose to get re-elected, an incumbent government wants to continuously expand the<br>economy so that people will associate high economic growth with the current government.<br>Explain what will happen to the economy in the long run using the AD-AS model and the<br>Phillips curve model, with properly labelled diagrams.<br>

Extracted text: Suppose to get re-elected, an incumbent government wants to continuously expand the economy so that people will associate high economic growth with the current government. Explain what will happen to the economy in the long run using the AD-AS model and the Phillips curve model, with properly labelled diagrams.

Jun 10, 2022

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Suppose to get re-elected, an incumbent government wants to continuously expand the economy so that people will associate high economic growth with the current government. Explain what will happen to...

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