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Identify one negative OR positive AD shock in South Africa and Canada during the period. Clearly show the change in the components of the AD
Identify one negative OR positive AD shock in South Africa and Canada during the period. Clearly show the change in the components of the AD and identify which component/s is/are the source/s of the shock and why (C, I, G or NX)
AD Shock in Canada and South Africa
Consumption - Households and NPISHs Final consumption expenditure (Billion current US$):
Canada | South Africa | |
2014 | 1010 | 242.81 |
2015 | 899.8 | 220.79 |
% Change | -10.91% | -9.07% |
Investment - Gross capital formation (Billion current US$):
Canada | South Africa | |
2014 | 449.1 | 70.48 |
2015 | 370.79 | 64.6 |
% Change | -17.44% | -8.34% |
Government Spending - General government final consumption expenditure (Billion current US$):
Canada | South Africa | |
2014 | 396.96 | 73.62 |
2015 | 324.97 | 65.82 |
% Change | -18.14% | -10.59% |
Net Exports (Billion current US$) (EX-IM):
Canada | South Africa | |
2014 | -16.35 | -5.71 |
2015 | -38.37 | -4.5 |
% Change | -134.68% | -21.19% |
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