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Describe What Happens to the Aggregate Expenditure Line in Each 5+7}5 + 7 \}

question 22

Essay

Describe what happens to the aggregate expenditure line in each of the following cases:
(A) The Republicans elirunate the marrege penalty tax and cut capital gans tax.
(B) The Eurapean Union inposes aban an U.S.-prodiuced dairy protucts.
(C) A law is enacted requiring buiders of new humes to pay a \$5,000excise tax.
(D) Baby boamers bepin to warry about retirement and increase their marpinal propensity to 5+7}5 + 7 \} .


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