@thetechxorcist.bsky.social
Government spending is part of aggregate demand (AD). If AD falls by $2 trillion in a $27 trillion economy, shouldn't we expect GDP to similarly shrink?
December 5, 2024 at 2:44 PM
Government spending is part of aggregate demand (AD). If AD falls by $2 trillion in a $27 trillion economy, shouldn't we expect GDP to similarly shrink?