What determines the decrease in aggregate demand resulting from a decrease in durable goods orders? U.S. durable

Question:

What determines the decrease in aggregate demand resulting from a decrease in durable goods orders?


U.S. durable goods orders slump most in three years, the Commerce Department reported that orders for U.S. durable goods fell in January by the most in three years. Orders for commercial aircraft and business equipment fell most. Machinery orders dropped 10.4 percent.


Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

Question Posted: