Question: Using aggregate demand and aggregate supply, graph the effects on the price level and GDP of each of the following. a. A cut in income

Using aggregate demand and aggregate supply, graph the effects on the price level and GDP of each of the following.
a. A cut in income taxes
b. An increase in military spending
c. A drop in export demand by foreign purchasers
d. An increase in imports
e. A decline in business investment spending

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