Solution-Pessimistic about the future health of the economy

Pessimistic about the future health of the economy

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Reference no: EM131098811

Suppose that consumers become pessimistic about the future health of the economy. What will happen to aggregate demand and to output? What might the president and Congress of the US have to do to keep output stable? What might the central bank have to do? Use a graph to explain both.

Reference no: EM131098811

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Pessimistic about the future health of the economy

Reference no: EM131098811

Reference no: EM131098811

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