Based on your new understanding of Economics and GDP growth explain three economic principles that were at play in causing this to happen
Description A Microsoft News report states, ”The U.S. economy grew at a record 33.1 percent annualized rate in the third quarter, swiftly recovering some of the deep losses driven by the onset of the coronavirus pandemic, according to data released Thursday by the Commerce Department.” The seasonally-adjusted rate of growth, an advance estimate from the […]