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13 +16 10 points 2000 2002 2003 2004 CALENDAR QUARTEA 2006 2008 What was the range, in absolute value of percentage change, o
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Answer #1

Q4. a. Consumer Spending

In 2004 Q4 consumer spending growth was 4 and it becomes 2 in 2007 Q4.

Hence Percentage change 4-2/4*100=50%

b. Investment spending

In 2004 Q4 investment spending growth was 10 and it becomes 3 in 2007 Q4

Hence Percentage change 10-3/10*100=70%

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