Question
I need to write and explain about of the 1980 to 1990 Aggregate expenditure is the total amount of spending in the economy that determines
I need to write and explain about of the 1980 to 1990 Aggregate expenditure is the total amount of spending in the economy that determines the level of the GDP. Components of aggregate expenditure are autonomous expenditure, planned private investments, government expenditure, and net exports. When autonomous expenditure increases or decreases, it has a multiplied effect on the GDP.
Referring to the 10-year historical period that you chose for your final project, discuss an example of a change in autonomous spending. Research a government policy implemented during that time and discuss the multiplier effect it had on the economy.
Mainly explain the levels of the GDP and it's effect on the economy. Reagonomices and stock market crash would one of the effects on the economy and GDP.
1980-1990 U.S. Economic History Overview
Recession due to late 70's inflation increase
Ronald Reagan becomes the 40th President of the United States
Tax cuts to promote growth and reduce inflation
End of recession
Famine & Agricultural relief efforts launched
Stock exchanges across the world crash
GDP Growth Rate 1980-1990
Year GDP Growth RateEvents Affecting GDP
1980 -0.3%Recession
1981 2.5%Reagan tax cut.
1982 -1.8%Recession ended
1983 4.6%Tax hike & defense spending
1984 7.2%
1985 4.2%
1986 3.5%Tax cut
1987 3.5%Black Monday
1988 4.2%Fed raised rates
1989 3.7%S&L Crisis
1990 1.9%Recession
The decade i choose 1980 to 1990. I need to post this in my discussion post after i get home from calling a wrestling match. Can you help me? Week 3 ECO-202 Macroeconomics SNHU.
Does this help?
I just need help in finding the information needed to write a discussion tonight.
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