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Explain how an increase in government expenditure designed to increase aggregate demand can increase potential GDP and aggregate supply.
Analytic Rationale
The logical reasoning or analysis used to understand or justify decisions, policies, or strategies, often involving systematic examination of data or facts.
Liberal Rationale
Reasoning based on principles emphasizing freedom, democracy, and the importance of individual rights.
Eclectic Approach
A method that draws from multiple theories, styles, or ideas to create a comprehensive solution or understanding.
Ethical Reasoning
The process of evaluating and deciding the best course of action in situations that involve moral principles or values.
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