Sunday, 8 June 2014

ECON #3

ECON #3



 
Use this information to help you access information you need to answer this question.
Visit this site and click on the following links.
National: Gross Domestic Product
Interactive Table
Begin Using the Data
Section 1
Table 1.1.5
You should see quarterly data.  Modify it so that you have annual data from 2007 – 2013.

•Calculate the share of GDP for each of the four expenditure categories C, I, G, and Net Exports for:
(For example, you may find C is about 70% of GDP, and so on.)
1.  The year 2007.  
2.  The year 2009.
3.  The year 2013.
4.  Are there any differences?
5.  How did the recession effect the economy?

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