Question: Considering the formula for Aggregate Demand (Also known as the product market) answer the following question: Name two macroeconomic variables (from this formula) that decline

Considering the formula for Aggregate Demand (Also known as the product market) answer the following question:

Name two macroeconomic variables (from this formula) that decline when the economy goes into recession, and explain why this happens?

Name one macroeconomic variable (from this formula) that rises during a recession, and explain why this happens?

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