Question: Graph the following below, using the ADAS and MLF models: Investors become pessimistic, and then the government enacts expansionary fiscal policy that overshoots. Hint: Check
Graph the following below, using the ADAS and MLF models: Investors become pessimistic, and then the government enocts expansionary fiscal policy that overshoots. Hint: Check the effects of expansionary fiscal policy on government borrowing, and then check how government borrowing affects the MLF
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