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EXCEL Frequency: Quartedy in 2012 Balers observaon_dahe Reef Disposable Personal Income Personal Consumption Expenditure Federal Government: Current Expendilures. Billions of Dollars 2017-01-01 13T95.239 131343.440 4193.?00

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EXCEL Frequency: Quartedy in 2012 Balers observaon_dahe Reef Disposable Personal Income Personal Consumption Expenditure Federal Government: Current Expendilures. Billions of Dollars 2017-01-01 13T95.239 131343.440 4193.?00 201T-04-01 13931.85? 13144.402 4199143 2017-02-01 14015.441 13238.143 4232.241 201 ?-10-01 140134.133 13497 .455 4323522 2010-01-01 14253.231 1333? .433 4404.02? 2019-04-01 143?2.9T0 13854.733 4435.305 2013-02-01 14491.80?I 14002589 4521.297 2013-10-01 14599.129 14119.338 4591545 2019-01-01 141'2951'1 1415552 4391.394 2019-04-01 14319234 14315722 4739.145 2019-02-91 14133.1 12 14529480 4799.333 2019-10-01 14350.438' 14353.949 4323.272 2020-01-01 14952100 14439039 4909.191 2020-04-01 13513905 12939229 9103.39? 2020-02-01 152132.353 14293 .032 T203317 2020-10-01 15442931 1443311 5955.209 2021-01-01 111221.320 150135.444 39?1.420 2021 -04-01 15805.599 153131.699 T490419 Problem 5 [To be discussed in the class] Fiscal policy in the Com'd Please nd the excel that includes quarterly disposable income, consumption and federal government spending of US from 2017. Given the data, please describe the patterns of these three variables since the break of the Covid-lQ. Do you think the data pattern is consistent with the theory you learned? If yes, please explain the logic behind the pattern. If not, could you consider why the data does not support our theory? Theorv learnt: Kevnesian Theory

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