Refer to the figure below:

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
Section: Chapter Questions
Problem 13PAE
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Refer to the figure below:
+16
+12
+8
Consumption
Investment is more
volatile than consumption.
-12
Investment
16
-20
-24
1 2 3 41
2000
2 3 4 1 2 3 4 1 2 3 41 2 3 41
2003
2 3 4 1 2 3 41 2 3 4 1 2 3 4
2007
2001
2002
2004
2005
2006
2008
CALENDAR QUARTER
Instructions: Enter your responses as a percent rounded to the nearest whole number.
What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2001 Q1 and 2003 Q4
of
a. Consumer spending?
%
b. Investment spending?
%
CHANGE FROM PRIOR QUARTER (porcent)
Transcribed Image Text:Refer to the figure below: +16 +12 +8 Consumption Investment is more volatile than consumption. -12 Investment 16 -20 -24 1 2 3 41 2000 2 3 4 1 2 3 4 1 2 3 41 2 3 41 2003 2 3 4 1 2 3 41 2 3 4 1 2 3 4 2007 2001 2002 2004 2005 2006 2008 CALENDAR QUARTER Instructions: Enter your responses as a percent rounded to the nearest whole number. What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2001 Q1 and 2003 Q4 of a. Consumer spending? % b. Investment spending? % CHANGE FROM PRIOR QUARTER (porcent)
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