economics discussion questions 3

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Please answer the following questions with at least a 100 word response.

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What are factors other than income that can affect consumption?

How can changes in real GDP equilibrium occur in the aggregate expenditures model and how do these changes relate to the multiplier?

How do economists integrate the public sector (government expenditures and taxes) into the aggregate expenditures model?

How does the cyclically adjusted budget reveal the status of U.S. fiscal policy?

 

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