Assignment:
"Aggregate Expenditure"
Please respond to the following:
• Determine whether you believe your savings habits would change if you had (or made) more money. Discuss the implications of your response to patterns in consumer consumption.
• Think about your own spending habits and discuss how the relation between income and consumption affects your life.
"Aggregate Expenditure and Aggregate Demand"
Please respond to the following:
• Discuss how changing tax rates affect consumption spending and aggregate. Provide an example not in the textbook to illustrate your answer.
• From the e-Activity, discuss how the events in the article you read will affect aggregate demand. Explain your rationale in your response.