consumer spending
it is the share of government spending in total spending in the economy
consumption
Total income in the economy must always equal total spending. :)
True.
A deflationary gap occurs when ag­gregate demand is less than aggregate supply. Deflationary gap depicts a situation in which total spending in an economy is insufficient to buy all the output that can be produced without unemployment occurring.
Total consumption spending is comprised of durable goods, non-durable goods, and services. Total consumption spending is a major economic factor in the US economy.
it is the share of government spending in total spending in the economy
consumption
Total income in the economy must always equal total spending. :)
True.
The United Kingdom's economy has a total gross domestic product of about $2.15 trillion in 2009, making it the world's seventh largest.
the function that represents total spending in an economy at a given level of real disposable income.
Add all total expenditure in an economy at current prices, this includes government spending, consumption, investment and net exports.
A deflationary gap occurs when ag­gregate demand is less than aggregate supply. Deflationary gap depicts a situation in which total spending in an economy is insufficient to buy all the output that can be produced without unemployment occurring.
The largest box of Pampers Cruisers available are: the economy plus pack. The number of diapers in each pack depends on the size. For a size 3 baby weighing 16 - 28 lbs, the economy pack contain a total of 186 diapers and 112 for a size 6 diaper. The economy pack costs $53.
No. It is one of the largest producers and exporters of food in the world, but agricultural activities only represent 3.6% of Mexico's economy. It is also rich in natural resources, but its exports of such items represent about 24% of total exports. Mexico's largest activity by far is services and trade, which represent 60.7% of the economy. Manufactured products account for approximately 60% of total exports.
The largest line item in the Illinois state budget is education. In the 2014 budget, education takes up $38.2 billion of the $129 billion total. Pensions are a distant second at $15.5 billion.