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(Solution document) Go to the BEA website (http://www.gov (Links to an external site.)Links to an external site.)[Insert the 'links to an external site' symbol].


Hello,

i need help with answering below question:


Go to the BEA website (http://www.bea.gov (Links to an external site.)Links to an external site.)[Insert the 'links to an external site' symbol]. On the left navigation under Resources, go to the Interactive Data section by clicking the Interactive Tables link. Select GDP & Personal Income and click Begin Using Data.... Under Section 1, see Tables 1.1.6 and 1.1.7. Examine all four components of GDP (C, I, G, and Xn). Which of these four components of AD are rising and which are dropping? On the top righthand corner of the page, you can click on Modify to select prior years.


i am looking for an explanation on why are those four factors declining or increasing? is it because of recession ? or any other factor that effect current economic status.


Thank you very much.

 







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