week 1Fundamentals of Macroeconomics PaperWritea 700- to 1,400-word paper summarizing the results.Consider the following examples of economic activities:Purchasing of groceriesMassive layoff of employeesDecrease in taxesDescribe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity. Relate at least one current event to the activities.
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