Write the major factors that have affected us household

Reference no: EM13389133

What are the major factors that have affected U.S. household consumption since the recession in 2001?

Briefly explain how the following would shift the IS function to the right.

a. A change to lump-sum taxation (Specify whether increase or decrease is needed to shift IS curve to the right.)
b. A change to government spending (Specify whether increase or decrease is needed to shift IS curve to the right.)

Reference no: EM13389133

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