Iceland Aggregate Demand

https://docs.google.com/spreadsheets/d/16kWED0w2qNo_nVyr5nAVYVjzb-2qeSZ4QCeAvWx_iY4/edit?usp=sharing

Looking at the metrics available on Trading Economics, particularly consumer spending, aggregate demand in Iceland is steadily growing. Looking at this in comparison to GDP, it is unsurprising that aggregate demand and GDP go up together. I imagine that business and economic activity would expand to accommodate an increase in willing buyers.

Comments

Post a Comment

Popular posts from this blog

Iceland Overall Economic Activity

Causes of Inequality and Poverty