Identify one negative OR positive AD shock in South Africa and Canada during the period. Clearly show
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Question:
Identify one negative OR positive AD shock in South Africa and Canada during the period. Clearly show the change in the components of the AD and identify which component/s is/are the source/s of the shock and why (C, I, G or NX) (5 points)
AD Shock in Canada and South Africa
Consumption - Households and NPISHs Final consumption expenditure (Billion current US$):
Canada | South Africa | |
2014 | 1010 | 242.81 |
2015 | 899.8 | 220.79 |
% Change | -10.91% | -9.07% |
Investment - Gross capital formation (Billion current US$):
Canada | South Africa | |
2014 | 449.1 | 70.48 |
2015 | 370.79 | 64.6 |
% Change | -17.44% | -8.34% |
Government Spending - General government final consumption expenditure (Billion current US$):
Canada | South Africa | |
2014 | 396.96 | 73.62 |
2015 | 324.97 | 65.82 |
% Change | -18.14% | -10.59% |
Net Exports (Billion current US$) (EX-IM):
Canada | South Africa | |
2014 | -16.35 | -5.71 |
2015 | -38.37 | -4.5 |
% Change | -134.68% | -21.19% |
Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
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