Brazil's Worst Recession: 8 Consecutive Quarters of Contraction

Brazil is experiencing a collapse in business investment, rising unemployment, and falling consumer spending. Business and consumer confidence are low.

Source: CNNMoney, March 7, 2017

https://money.cnn.com/2017/03/07/news/economy/brazil-gdp-2016/index.html

Explain and draw a graph to illustrate the state of Brazil's economy.

Explain how business and consumer confidence influence aggregate expenditure.