Business, 18.06.2021 07:30 Goldenstate32

In short run after the event, the government wants to implement a policy to bring the economy back to the original equilibrium before the event happens. (a) Should the government increase or decrease government spending?
(b) In an AD-AS graph, which curve will shift to which direction after the policy?
(c) After the policy, will the real GDP be greater than, less than or equal to $3.0 trillion?
(d) After the policy, will the price level be greater than, less than or equal to 100?

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