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What are some of the effects of the rising gas prices in our country on projected economic growth?

Trevor P asked:


What do you think are some of the effects of the rising gas prices in our country on the projected economic growth of the country in the 2008 Fiscal Year? How do the rising prices effect each component of the GDP equation (personal comsumption, firm investment, government spending, and net exports), as well as the overall impact on the equation as a whole?

Trevor P
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This entry was posted on Wednesday, July 2nd, 2008 at 8:28 pm and is filed under Saving Gas. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “What are some of the effects of the rising gas prices in our country on projected economic growth?”

  1. buzzer says:
    July 3, 2008 at 9:54 am

    The end its typical of war economy.