Summarize the article "After a huge year for growth, the U.S. economy is about to slam into a wall". what is happening and why. Analyze what is happening in terms of the aggregate demand/aggregate supply model. In this section you must be very detailed. Explain which curve or curves are moving, which way they are moving, and why. State the concluding results of your analysis. As an example of steps 3 and 4, assume that you have located an article that consumers in South Africa are expecting a worsening economy due to large declines in tourism. After summarizing the article and providing the citation information, you then go on to state that the expectations of a worsening economy causes a decrease in consumption spending. This results in a leftward shift of the AD curve and causes a lower equilibrium price level, a lower real GDP, and higher unemployment. If there are influences on aggregate demand and aggregate supply, you must indicate this and discuss the uncertainty resulting from the movement of the two curves, unless the article provides enough information to eliminate the uncertainty.

Reference (Article website):

"After a huge year for growth, the U.S. economy is about to slam into a wall"

https://www.cnbc.com/amp/2022/02/01/after-a-huge-year-for-growth-the-us-economy-is-about-to-slam-into-a-wall.html

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