Macroeconomics activity and demand/aggregatedemand/E-activity-tasks
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- Read Consumption and the Aggregate Expenditures Model in Principles of Macroeconomics. Pay special attention to the case studies:
- Consumption and the Tax Rebate of 2001
- Fiscal Policy in the Kennedy Administration
- Predicting the Impact of Alternative Fiscal Policies
- Make notes about the three case studies, especially the parts that focus on consumption, it's impact on the economy and ways governments try to stimulate consumption
- Reflect on the similarities and differences in the three case studies.