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Explain graphically and with words the effect of expansionary fiscal policy in the globalized AS/AD model.
Russia
Russia is the largest country in the world by area, spanning Eastern Europe and northern Asia, with a rich history, diverse culture, and significant global political and economic influence.
Yugoslavia
A country that existed in Southeast Europe during most of the 20th century, comprising several Slavic ethnic groups and dissolved in a series of wars in the 1990s.
Trade Balance
The gap between what a country sells to and buys from other countries in terms of goods and services.
Merchandise
Goods that are bought and sold in commerce, particularly those related to retail trade.
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