Criteria for Success: In this assignment, you will:
Identify a relevant economic concept and describe how it applies to the scenario.
Summarize the change in expenditures between budgets.
Record the ways in which economic trends impacted personal income and consumer prices.
Explain the rationale for budget decisions made in response to economic changes.
Explain an additional economic trend or change from within the last year and how it has impacted your personal life and finances.
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