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1 pt current account - PowerPoint PPT Presentation

MACROECONOMICS FRQ

MACROECONOMICS FRQ. 2008. Question 1: 11 pts [2+2+3+2+2]. FRQ 2008. Assume the U.S. economy is operating at full-employment output and the government has a balanced budget. A drop in consumer confidence reduces consumption spending, causing the economy to enter into a recession .

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1 pt current account - PowerPoint PPT Presentation

MACROECONOMICS FRQ