The U.S. economy is experiencing a decrease in home prices and consumer wealth, a credit crisis in the financial markets, and declining consumer and business confidence. What components of aggregate demand are affected and the impact on real output and what are the policy options?

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The Answer of The U.S. economy is experiencing a decrease in home prices and consumer wealth, a credit crisis in the financial markets, and declining consumer and business confidence. What components of aggregate demand are affected and the impact on real output and what are the policy options?

The US Economy Is Experiencing a Decrease in Home Prices and and Consumer