Suppose that Gen Z comes strongly out of the pandemic. Explain the effect of a rise in
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Suppose that Gen Z comes strongly out of the pandemic. Explain the effect of a rise in expenditure by Gen Z on real GDP and the price level in the short run.
A 2018 study estimated Gen Z’s spending power to be significant. Is this still the case? The pandemic destroyed many of the jobs that Gen Z seek, so like other predictions coming out of the pandemic, we’re waiting to see how the new reality affects Gen Z financially in the long term.
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