Since an economy's aggregate output measured by real GDP also represents the aggregate income received by the resources of production within the economy, the decrease in aggregate demand you found equals the decrease in aggregate income. The effect of this decline in aggregate income is billion. in total saving of $ As personal consumption falls by $1 billion, the economy reaches a new equilibrium with an aggregate output of $ The total amount of saving True or False: This is an example of the paradox of thrift. True False billion in the short run. sol e ke

(A) The biggest source of campaign funding today is:   (a)public funding through the national government (b) PAC donations (c) individual donations (d) the two major political parties' direct funding of candidates   (B) President Trump   (a) Publicly conceeded defeat in the 2020 elections, but only after the gerogia electrol college was formally reviewed by an independent audit (b) was challenged in the primaries by a number of other republican candidates, but ultimately was renominated by the party for a 2nd term (c) refused to concede defeat after the 2020 elections (d) won the popular vote in 2020, but lost in the Electoral Collese

D.1.

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