Biggest contributor in gdp

Reference no: EM13173374

1. Research government Web sites for the four macroeconomic indicators for the U.S. for a period of 10 years between 1970 AND present:

GDP and nominal and real

Trade Balance

Personal Income and Spending

Manufacturing and Trade Inventories and Sales

2. Analyze the findings and comment on the economic growth of the U.S. during the period selected by you. Support your findings with proper rationale and calculations, wherever necessary. In your analisis include the following:

Explanation of why you choose that period

Application of the Keynesian equation

Shares of consumption, investment, and government spending as a part of GDP. Use nominal GDP for these calculations.

Biggest contributor in GDP.

Consumer price index (CPI) and the GDP deflator using the chain-type price index for GDP.

The inflation rate.

Reference no: EM13173374

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