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Investment expenditure is one of the key components of gdp

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Investment expenditure is one of the key components of GDP (expenditure method). Lack of investors' confidence in the recent years is alleged to be the main reason for slower economic growth and rising Australia's unemployment rate. Discuss the trend in gross domestic investment expenditure and explain the effect of declining investment spending on the equilibrium output using Keynesian Cross model.

Reference no: EM131675364

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