The increase in real GDP in the first quarter of 2017 primarily reflected changes in personal consumption
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The increase in real GDP in the first quarter of 2017 primarily reflected changes in personal consumption expenditure (+1.1%), exports (-0.1%), and investment (+2.9%). Imports of goods and services increased by 3.3%. Explain how the items in the news clip influence Canada’s aggregate demand.
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How the news clip items influence Canadas aggregate demand 1 Personal consumption expenditure Increa...View the full answer
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