Find data on GDP and its components, and compute the percentage of GDP for the following components

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Find data on GDP and its components, and compute the percentage of GDP for the following components for 1950, 1980, and the most recent year available.

a. Personal consumption expenditures

b. Gross private domestic investment

c. Government purchases

d. Net exports

e. National defense purchases

f. Imports Do you see any stable relationships in the data?

Do you see any trends?

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Macroeconomics

ISBN: 9781464182891

9th Edition

Authors: N Gregory Mankiw

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Question Posted: Feb 29, 2024 05:01 AM

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Find data on GDP and its components, and compute the percentage of GDP for the following components

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To compute the percentage of GDP for each component and analyze any stable relationships or trends well need data on GDP and its components for the ye...View the full answer

Macroeconomics

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