Consider the asad model analyze the effect on the economy


Consider the AS/AD model. Analyze the effect on the economy in the short run and in the long run after the following events: a). the Congress increases investment tax credits b). the congress decreases import tariffs. Determine in details how can monetary and fiscal policies react to bring the economy back to its long run equilibrium?

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Business Economics: Consider the asad model analyze the effect on the economy
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