Reflection on my understanding of 4.5 & 4.6
Posted November 29, 2010
on:I think I understand it quite well because I understand the diagrams and so on. Nevertheless, I get confused sometimes about increase and decrease of GDP. I mix up between aggregate demand and international demand. I need to make sure I remember that when GDP increases, demand for imports also increases.
Overall I think this is not my best topic since I have to think a lot about it to make sure I do not get mixed up.
Leave a comment