#3: As you have learned consumer expectations are a major driver of the short run path of the economy. Consumer spending accounts for about 68% of GDP and consumer sentiment is a major factor in shifting Aggregate Demand. Describe how your expectations about the economy have changed in recent months? Have you altered your spending habits due to the surge in inflation? Do you expect consumer confidence and business expectations to improve in the months ahead? Utilizing the equation GDP= C+I+G+ (X-M) from Chapter 6 what is your forecast for the way the AD curve will shift between now and the end of 2022? Explain