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1.Why do you think consumers have increased or decreased their use of credit cards? How will this affect our nation's aggregate demand curve? 2.Use the
1.Why do you think consumers have increased or decreased their use of credit cards? How will this affect our nation's aggregate demand curve?
2.Use the aggregate demand/aggregate supply model of the economy to predict what happens to GDP, price, and unemployment levels when households increase credit card debt or usage.
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