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Source OECD iLibrary
Content type Text
Publisher OECD Publishing
Language English
Subject Domain (in DDC) Social sciences ♦ Economics
Subject Keyword Economics
Abstract Changes in the final uses of GDP, or demand, determine the growth of real GDP in the short term. Governments generally try to influence three variables in order to maintain growth at a rate that keeps inflation and employment at the desired levels: demand from households, public consumption and investment. Together, these variables are known as domestic demand. Economists look at this demand, as well as at external demand and net exports, when trying to predict future economic developments. This chapter looks at measuring and shaping demand and at what is contained in each of the components of final uses.
Learning Resource Type Chapter
Publisher Date 2014-10-20
Organization OECD
Page Count 40
Starting Page 129
Ending Page 168

Source: OECD iLibrary