1) Visit this Economic Time Series page and explain how the observed trend in personal consumption expenditure since 2000 affected the Keynesian C + I + G + X curve.

2) Visit the Center on Budget and Policy Priorities website. Identify and explain a liberal argument in favor of increased government spending; then identify and explain a conservative argument against the increase of government spending. Make sure to include why the argument is liberal or conservative

3) To analyze monetary policy, follow these steps. Visit the Federal Reserve website and observe the data in Table 1. Observe what happened to M2 (the money supply) during 2011-2012. Using the aggregate demand and supply model explain how monetary policy effected the economy.