What is the role of aggregate demand in eliminating the gdp


1. What is the role of aggregate demand in eliminating the GDP gap? How does the slope of the AS curve affect the fiscal policy actions necessary to eliminate the GDP gap?

2. In what ways are government deficits harmful to the economy

3. Define and give three examples of automatic stabilizers.

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Econometrics: What is the role of aggregate demand in eliminating the gdp
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