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The economy is in a recessionary trend. Current GDP is $14.5

Paper help Economics The economy is in a recessionary trend. Current GDP is $14.5

Economics

The economy is in a recessionary trend. Current GDP is $14.5

The economy is in a recessionary trend. Current GDP is $14.5 trillion And full-employment GDP needs… Show more The economy is in a recessionary trend. Current GDP is $14.5 trillion And full-employment GDP needs to be $15 trillion. Use the AD/AS model to explain and show the current economic situation. Then suggest a fiscal approach to solve the current economic situation without adding any more debt. The current MPC = .80. • Show less

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