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a) Explain what the impact on GDP would be if more couples get divorced? b) If...

a) Explain what the impact on GDP would be if more couples get divorced?

b) If a person deposits $400 of cash into her savings account, what impact would this have on M1 and M2? Explain your answer.

c) Some states are required to balance their budgets at all times. When a recession starts, is this requirement stabilizing or destabilizing? Explain your answer.

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