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5) Using the Federal Reserve Economic Data (FRED) database (https'edstlouisfednrgi). let's sum up real GDP using its components. Recall that GDP = C + I
5) Using the Federal Reserve Economic Data (FRED) database (https'edstlouisfednrgi). let's sum up real GDP using its components. Recall that GDP = C + I + G + Net Exports. so start by nding \"Real personal consumption expenditures" (C), use the \"Billions of Chained 2012 Dollars, Quarterly (average), Seasonally Adjusted Annual Rate" series. Now click Add Line and nd a similar series for Real Gross Private Domestic Investment {I}: Real Government Consumption Expenditures and Gross Investment ((3); and Real Net Exports of Goods and Services (NX). 2. Graph the result for years after 2000; b. In the 2009 recession which series fell by the most? e. In the rst quarter of 20 [0, what share of GDP was made up by Consumption
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