ECO 561 Week 4 Discussion Questions: How does inflation affect the economy’s level of real output?
- How does inflation affect the economy’s level of real output?
- How do changes in income affect consumption (and saving)?
- What are factors other than income that can affect consumption?
- What are the purposes, tools, and limitations of fiscal policy?
- How does the cyclically adjusted budget reveal the status of U.S. fiscal policy?
Each question should be answered in 120 words along with reference.
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Course: ECO 561 Influence of Economics on Household Decision Making
School: University of Phoenix
- : 06/11/2017
- : 20