The increase in real GDP in the second quarter primarily reflected increases in personal consumption expenditure (0.9%),
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The increase in real GDP in the second quarter primarily reflected increases in personal consumption expenditure (0.9%), exports (4.2%), and investment (0.8%)—the largest quarterly gain since 2011, mainly due to the increase in consumption expenditure.
Explain how the items in the news clip influence Canada’s aggregate demand.
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Solution My explanation is that the news clip is about the GDP fo...View the full answer
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Related Book For 
Microeconomics Canada In The Global Environment
ISBN: 9780321931184
9th Edition
Authors: Robin Bade, Michael Parkin
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