austincowart628 austincowart628
  • 15-09-2018
  • Business
contestada

___________ is about two-thirds of the demand side of gdp, but it moves relatively little over time.

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ahmedishaal ahmedishaal
  • 27-09-2018

"Consumption" is about two-thirds of the demand side of gdp, but it moves relatively little over time.


Consumption expenditure by family units is the biggest segment of GDP, representing around two-thirds of the GDP in any year. This reveals to us that shoppers' spending choices are a noteworthy driver of the economy. Notwithstanding, consumer spending is a delicate elephant: when seen after some time, it doesn't bounce around excessively.

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