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Is it easy to predict what is happening to the economy now? Why or why not? (2 points) Why is consumption so closely watched as

Is it easy to predict what is happening to the economy now? Why or why not? (2 points) Why is consumption so closely watched as an indicator of economic activity? (2 points) Do you believe that consumer spending will increase for the second half of the year? Why or not? (3 points)

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