posted by Steph on .
Can someone help me with this question..Pleaseeee!!
Suppose a government moves to reduce a budget deficit. Using the long-run model of the economy developed in Chapter 3, graphically illustrate the impact of reducing a government's budget deficit by reducing government purchases. Be sure to label: i. the axes, ii. the curves; iii. the initial equilibrium values; iv. the direction curves shift; and v. the terminal equilibrium values
Haha, I'm stuck on this one too.