Which of the following elements of GDP were affected by the financial crisis and the lack of available credit?

Question

Quizplus · Accepted Answer

The financial crisis and the lack of available credit affected consumption as people were less able or willing to spend money, business investment as companies were less able or willing to invest, government spending as governments had less resources to spend, and imports/exports as global trade decreased. Thus, all four components of GDP were affected.

Which of the Following Elements of GDP Were Affected by the Financial