Question: Question 1 The Statistics Canada data below show GDP and personal disposable income for the last two quarters of 2008 and the first quarter of

Question 1 The Statistics Canada data below show GDP and personal disposable income for the last two quarters of 2008 and the first quarter of 2009. Change in real GDP (%) compared to previous quarter 0.1% -- 0.9% Consumption $813 469 $807 018 $803 863 Government Spending $264 462 $266 084 $266 884 Business Investment Spending $318616 $305 999 $288 780 $488 152 $464 964 $424 655 Exports ssmio | sser %6 | sassow Personal Disposable Income (millions $, current prices) $955512 $960 852 $955 260 When did the Canadian economy enter a recession? What is the largest spending component of GDP? Did any of the spending components of GDP increase since the third quarter of 20087 What spending component of GDP decreased the most since the third quarter of 20087 Did net exports increase or decrease between third quarter of 2008 and the first quarter of 20097 tanNoE

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