The weak economy of the last several years impacts four components of GDP. These components are : 1. Employment earnings. 2. Sales of a company. 3. Production output 4. Services output
Employment earnings have dropped because of unemployment. Sales of companies are down due to lower demand. Product output of companies is cut because of consumer demand. 4. Services output has dropped because people less money to spend so that they use less services.
Feb 16th, 2015
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