4. The Commerce Department reported that U.S. growth slowed to 1.5% in the second quarter of 2012....

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4. The Commerce Department reported that U.S.

growth slowed to 1.5% in the second quarter of 2012. What measure was released? If upcoming trade figures indicate a higher than expected trade deficit, the measure will be revised. Would the esti mate of economic growth be revised upward or downward if the trade deficit is higher than expected?

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Fundamentals Of Economics

ISBN: 9781133956105,9781285531847

6th Edition

Authors: William Boyes, Michael Melvin

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