Bush lowered taxes in the 2001 recession and his tax cuts, Microeconomics

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Bush lowered taxes in the 2001 recession and his tax cuts

Bush lowered taxes in the 2001 recession and his tax cuts continue. Obama has increased government spending through his stimulus packages. What effect should these expansionary policies have on the AD and AS curves? How should they shift? What should be the impact on GDP, and unemployment as a result of these shifts?

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Microeconomics: Bush lowered taxes in the 2001 recession and his tax cuts

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Microeconomics: Bush lowered taxes in the 2001 recession and his tax cuts

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