Instructions: Enter your responses as a percentage rounded to the nearest whole number. What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2006 01 and 2008 Q4 of a. consumer spending? % b. investment spending? % C. which is more volatile? O Investment spending O Consumer spending
Instructions: Enter your responses as a percentage rounded to the nearest whole number. What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2006 01 and 2008 Q4 of a. consumer spending? % b. investment spending? % C. which is more volatile? O Investment spending O Consumer spending
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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using the SAME graph, please help answer the following Qs. Really appreciate it!

Transcribed Image Text:Refer to the figure below.
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+16
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0.09
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+8
Consumption
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Investment ls more
volatie than coneumplion.
Investment
16
-20
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2000
24
2005
2006
2007
2008
2003
CALENDAR QUARTER
2001
2002
2004
24
12341 2341 2 3 41 2 3 41 23 41 2341 2341 2 3 41 234
2004
CALENDAR OUARTER
2000
2001
2002
2003
2005
2006
2007
2008
Instructions: Enter your responses as a percentage rounded to the nearest whole number.
What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2006 Q1 and 2008 04
of
a, consumer spending?
b. investment spending?
%
C. which is more volatile?
O Investment spending
O Consumer spending
-16
-20
-24
12341 23 41 2 341 2341 23 412341 23412341234
2004
CALENDAR OUARTER
2000
2001
2002
2003
2005
2006
2007
2008
Instructions: Enter your responses as a percentage rounded to the nearest whole number.
What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2000 Q1 and 2002 04
of
a, consumer spending?
%
b. investment spending?
C. which is more volatile?
O Consumption spending
O Investment spending
CHANGE FROM PROROUARTER gerent
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