00:01
Toyota announced a plan to adjust its u .s.
00:03
Manufacturing operations to meet customer in demands for smaller, more fuel -efficient vehicles.
00:07
In 2008, toyota started building a plant to produce the 2010 prius for the u .s.
00:12
Marketing blue springs, mississippi.
00:14
Earlier models of the prius were produced in asia.
00:17
First, explain how this change by toyota will influence the u .s.
00:21
Gdp and the components of aggregate expenditure, and second, explain how this change by toyota will influence the factor incomes that make up the u .s.
00:30
Gdp.
00:30
Well, starting with the first one.
00:35
The influence on the us gdp and the components of aggregate expenditure, let's consider consumer spending.
00:46
By adjusting its u .s.
00:48
Manufacturing operations to produce smaller, more fuel -efficient vehicles like the prius, toyota may increase consumer spending on automobiles.
00:56
This could have a positive impact on u .s.
00:58
Gdp as consumer spending is one of the largest components of aggregate expenditure.
01:05
Investment in toyota's investment in building a plan in the u .s.
01:09
To produce the prius ' could increase investment spending in the u .s., which is another component of aggregate expenditure.
01:15
This increase in investment spending could have a positive impact on the u .s.
01:19
Gdp, net exports.
01:24
If the price is produced in the u .s...