Suppose that trumponomics-the economic policy of new, Microeconomics

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Suppose that trumponomics-the economic policy of new

Question: Suppose that Trumponomics-the economic policy of new President of the United States, Donald Trump-seems likely to involve cutting taxes and increasing government spending. Illustrate what you think the effects of such a policy are likely to be on price and potential output in the long run using an AD-AS model in. [No discussion needed. Illustrate your diagram clearly.]

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