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Question Completion Status: QUESTION 2 If consumer sentiment suddenly declines: (Consumers and business suddenly expect economic growth to decrease, and consumers are less willing
Question Completion Status: QUESTION 2 If consumer sentiment suddenly declines: (Consumers and business suddenly expect economic growth to decrease, and consumers are less willing to spend): a. What will be the effect on money demand, money supply, and interest rates? Please explain. b. What will be the effect on AE, and GDP? Please explain
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