After a month, serum total PSA value was 1.2 ng/ml. In another blood test after 3 months, serum total PSA value rose to 7 ng/ml with a percent free PSA of 40%. The urologist recommended a transrectal ultrasound-guided prostate biopsy. The patient refused biopsy.
Of the four components of aggregate demand, consumption expenditure C is the largest contributing to between 60% and 70% of total expenditure. For this reason, we often start our analysis with this particular component.
What happens to aggregate demand when government spending and the taxes to pay for it both rise by the same amount. Aggregate demand rises by the amount of government spending. Assume the MPC is .75, taxes increase by 100 billion and government spending increases by 100 billion Aggregate demand will.