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
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