
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884
Macroeconomics 11th Edition by Michael Parkin
Edition 11ISBN: 9780133423884 Exercise 3
Gross Domestic Product for the Second Quarter of 2012
The increase in real GDP in the second quarter primarily reflected increases in personal consumption expenditures, exports, and investment. Government spending decreased.
Explain how the items in the news clip influence U.S. aggregate demand.
The increase in real GDP in the second quarter primarily reflected increases in personal consumption expenditures, exports, and investment. Government spending decreased.
Explain how the items in the news clip influence U.S. aggregate demand.
Explanation
Factors affecting aggregate demand:
Agg...
Macroeconomics 11th Edition by Michael Parkin
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