An interesting article from the BBC showing the effect of the recent tax rebates in the USA on economic growth
http://news.bbc.co.uk/1/hi/business/7478711.stm
a) What was the fiscal boost the American government gave the economy?
b) Using an AD/AS diagram and the AD formula, explain how this has lead to the increased economic growth
c) Explain why the rise in economic growth has not been as high as some economists predicted
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