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Discuss three major factors that have contributed to the recent increase in the number of lawsuits against auditors and the size of awards to plaintiffs.
Gross Domestic Product
The total market value of all final goods and services produced within a country in a given period.
Money Supply
The aggregate quantity of all forms of money, including cash and bank deposits, circulating within an economy.
Interest Rates
The cost of borrowing money or the return on investment, typically expressed as a percentage.
Aggregate Demand
The full scope of demand for products and services in an economy, gauged at a specified price level across a specific duration.
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