a) Create the table that contains the following information for the most recent quarter where data required for this exercise is available. Please note that using the data for previous years and/or previous estimates will produce grade zero for this part of the project. You need this information from both parts of the table 3- (nominal GDP (and its components) from left columns and real GDP (chained 2012 dollars) from the right part of the table 3). Omit the intermediate lines found in Table 3 on the web site. Gross domestic product Personal consumption expenditures Gross private domestic investment Net exports of goods and services Government consumption expenditures and gross investment b) Calculate the percentage (the proportion) of each category in nominal GDP and in real GDP. Using Nominal GDP: [Personal consumption expenditures / Nominal GDP]100% [Gross private domestic investment/ Nominal GDP]*100% [Net exports of goods and services / Nominal GDP]*100% [Government consumption expenditures and gross investment Nominal GDP]*100% And using Real GDP: [Personal consumption expenditures / Real GDP]*100% [Gross private domestic investment/ Real]*100% [Net exports of goods and services / Real GDP]*100%% [Government consumption expenditures and gross investment/ RealFebruary 28, 2024 Table 3. Gross Domestic Product: Level and Change from Preceding Period-Continues Bilions of dollars Billions of chained (2017) dollars Change from preceding Seasonally adjusted at annual rates Seasonally adjusted al annual rates period Line Line 2023 2023 2023 2023" 2022 3023 2022 203 04 04 01 02 04" 04 01 02 Q3" 04 03 27,357.8 26,408.4 26,8136 27,063.0 27,610.1 27,944.6 22,374.3 21,990.0 22,112.3 22,225.4 22,490.7 22,669.0 552.3 265.3 178.3 1 Gross domestic product (GDP) 18,567.4 17,917.0 18,269.6 18,419.0 18,679.5 15,901.5 15,423.2 15,171.4 15,3129 15,343.6 15,4614 15,5749 332.4 117.8 113.5 2 2 Personal consumption expenditures 107.0 63.9 43.2 3 6,192.4 6,047.6 6,133.8 6,144.7 6,231.8 6,259.5 5,388.5 5,2752 5,3410 5,347.3 5,411.3 5,454.5 3 Good: 3310 18.0 2,198.7 2,129.0 21949 2,193.6 2,204.5 2.2020 2,041.8 1,957.5 2,0225 2,020.9 20539 2069.9 81.8 A Durable goods 28.9 -1.B 5 733.9 7762 772.7 764.6 757.5 601.5 5725 614.1 599.6 597 8 594.6 5 Motor vehicles and parts Furnishings and durable 411.8 413.6 413.6 4192 4218 4.1 5.7 20 6 household equipment 478.5 478.0 483.0 4754 478.9 476.6 417.1 53.5 30.5 141 7 581.5 65310 686.7 676.4 689.7 693.1 727.7 744.5 764.5 795.0 809.1 Recreational goods and vehicles 269.1 271.3 274.7 277.9 274.1 274.8 273.7 278.5 0.1 64 B B Other durable goods 271.0 264.1 268 8 27.2 3,993.7 3,918.6 3,9390 3,951.1 4,027.3 4.0575 3,356.3 3,3237 3,3278 3,335.4 3,367.3 3,394.5 9 Nondurable goods 10 Food and beverages purchased -16.2 4.3 10 1.442.9 1,428.9 1,4306 1,434.1 1,4478 1,4592 1,151.6 1,1550 1,145.8 1,148.5 1,1539 1,158.2 for all-premises consumption 7.5 4.4 11 515.0 511.4 520.6 520.8 499.6 500.3 501.9 492.7 5002 504.6 2.9 11 Clothing and footwear 516.9 506.6 465.3 456.7 484.5 478.1 318.6 310.6 313.0 319.8 319.0 322.4 74 0.B 3.3 12 12 Gasoline and other energy goods 471.1 485.5 35.6 2210 156 13 1,562.7 1,497.7 1,5280 1,549.0 1,574.4 1,5995 1,396.8 1,367.5 1,377.4 1,382.0 1,404.0 1,419.6 13 Other nondurable goods 226.5 5516 708 14 12,374.9 11,869.4 12,135.7 12,274.4 12,447.7 12.642.0 10,062.5 9,9223 9,998.9 10,023.1 10,0787 10,149.5 14 Services 15 Household consumption 5739 76.2 15 11,825.8 11,324.1 11,5952 11,730.1 11,8907 120873 9,651.9 9,505.9 9,5970 9,622.9 9,675.8 9,751.9 248.8 expenditures (for services) 919 18.7 28 16 3,279.4 3,156.0 3,206.1 3,243.8 3,309.0 3,358.6 2,559.0 2,554.7 2,545.8 2,550.0 2,5687 2,571.5 16 Housing and utilities 38.3 17 2,996.4 2,851.7 2,9295 2,972.9 3,009.1 3,0743 2,614.3 2,5230 2,584.0 2,600.0 2617.5 2,655.8 135.0 17.5 17 Health care 464.2 468.2 489.3 472. 1.1 3.3 18 595.5 597.8 604.0 6170 468.6 18 Transportation services 603.6 5 587.4 590.7 596.7 22.B 3.3 59 19 709.3 7223 574.8 585.3 Recreation services 717.9 677.0 7027 737.4 590.0 19 41.2 1810 20.3 20 1,368.6 1,298.6 1,333.5 1,347.1 1,377/8 1415.9 1,055.7 1,035.9 1,043.5 1,041.1 1,059.0 1,079.3 20 Food services and accommodations 14.4 3.5 -6.8 21 21 1,320.9 1,273.0 1,2980 1,316.7 1,3360 1,3329 1,045.9 1,0328 1,037 3 1,048.7 1,0522 1,045.4 Financial services and insurance 31.3 -10.7 14.6 22 1,539.0 1,486.3 1,5297 1,542.5 1,5326 1,5513 1,339.1 1,3250 1,348.0 1,338.4 1,327.6 1,342.2 22 Other services 73 Final consumption expenditures of nonprofil institutions serving 404.3 4181 405.2 403.8 4064 401.9 -19.4 26 -4.0 23 5405 5443 557.0 554.7 households 549.1 545.3 26.8 41 11.8 24 Gross output of nonprofit institutions 2,009.9 1,953.2 1,9724 1,986.9 2,019.6 20506 1,640.0 1,6347 1,633.1 1,635.7 1,6397 1,651.5 24 Less: Receipts from sales of goods and services by nonprofit 1,460.8 1,407.9 1,4319 1,452.6 1,4526 1,495.9 1,239.2 1,2180 1,2310 1,235.3 1,236.5 1,254.0 49.7 1.2 17.5 25 -50.6 9619 87 26 4,844.1 4,796.2 4,725.8 4,780.3 4,9150 4,955.3 4,052.2 4,058.5 3,963.7 4,014.1 4,111.1 4,1198 26 Gross private domestic investment 22.9 5.4. 24.5 27 4,786.8 4,618.4 4,702.1 4,761.7 4,8130 4,870.5 3,962.2 3,876.5 3,905.9 3,955.9 3,981.3 4,005.8 27 Fixed investment 137.3 11.B 19.2 28 3,712.6 3,536.0 3,641.3 3,709.1 3,730.6 3,769.5 3,268.9 3,170.0 3214.5 3,272.7 3,284.5 3,303.7 26 Nonresidential 832.5 649.8 624.8 558.4 596.6 619.3 635.9 647.6 71.9 16.6 11.7 29 869.2 29 Structures 837 9 736.1 800.2 -14.1 5.4 30 1,380.8 1,357.1 1,3687 1,390.4 1,3826 13817 1,245.4 1,249.5 1236.4 1,259.6 1,245.5 1 240.1 30 Equipment 31 Information processing 490.7 489.6 8:2.0 473.3 484.1 27.6 10.8 31 equipment 458.5 465.2 4578 450.0 460.9 4:2.2 253.6 256.0 252.7 249.2 249.1 -3.1 3.5 -0.1 32 Industrial equipment 307 8 30312 305.7 306.1 251.8 32 -165 33 26313 243.8 275.5 -1.2 252. 1 276.7 259.1 35.6 33 Transportation equipment 293.4 69.9 273 8 302.7 305.9 291.1 1.7 34 321.2 320.9 323.5 252.7 258.4 252.7 253.1 251.7 253.3 -974 -1.4 34 Other equipment 321.2 321.4 3190 59.1 6.3 11.5 35 1,495.9 1,44218 1,4725 1,486.2 1,498.2 1,518.6 1,397/8 1,3721 1,384.9 1,3940 1,400.4 1,411.8 35 Intellectual property products 712.1 724.9 745.7 12.8 208 36 690.4 702 2 61.0 36 Software 640.8 616.3 632.4 633.6 640.9 656.3 721.2 605.1 601.7 5473 -3.5 4.5 37 602.2 37 Research and development 741.3 718.8 730.2 740.2 745.5 749.1 6028 604.9 38 Entertainment, Hefairy. 93.8 94.4 210 14 38 94.0 93.5 and artistic originals 111.8 107.7 109 9 1124 111.8 113.2 744.2 87.3 11.9 5.3 39 1.074.2 1,062.5 1,0608 1,062.6 1,0824 1,1010 735.3 741.2 731.1 727.1 738.9 39 Residential 61.5 -11.4 40 18.6 1020 151.9 14.9 40 Change in private inventories 177.7 23.1 -0.4 -1.5 102 14.1 -25 41 3.8 -1.6 -1.1 -24 -02 41 Farm -0.9 78 14.B 78 5 6919 04.2 6316 85 42 315 16.6 98.3 86.4 48.0 154.8 42 Nonfarm 58.2 194.0 ry all mains for the third quarter of 20623 r Revised Revisions include chan The product 1. Fogel gross domestic in or is contribution to ha Noin. Users are cautioned that particularly for components that sahib whatfree to other prices in the economy. the chained-dollar as anger in real gross domestic product, use table growth rain of moms aggrogain series. For accumat Source: U.8. Bureau of Economic AnalysisFebruary 28, 2024 Table 3. Gross Domestic Product: Level and Change from Preceding Period--Table Ends Bilions of dollars Bilions of chained (2017) dollars Seasonally adjusted at annual rates Change from preceding Seasonally adjusted al annual rates period Line Line 2023 2023 2022 2023 2023 2022 2123 2023 03" 04 01 02 03 04" 04 01 02 797.4 -8772 625.7 -806.1 -779.2 -178.7 927.2 -965.6 -935.1 928.2 -430.7 -914.9 123.8 -2.5 15.8 43 43 Net exports of goods and services 3,029.6 30138 3,0648 2961.8 3030.8 3,061.1 2,505.9 2,484.1 2,525.4 2,4647 2,497.3 2,536.2 66.3 32.6 38.9 44 44 Exports 2,029.5 20469 2,090.4 1,9686 2,026.7 2,032.2 1,6957 1,6820 1,730.5 1,656.8 1,687.7 1,707.6 424 309 19.8 45 45 Goods 974.4 993.2 1,0040 1,028.9 8134 805.6 798.5 810.7 8128 831.7 23.4 20 18.9 46 46 Services 1,000.1 966.9 3,8270 3,8910 3,890.5 3767.9 3,810.0 3,839.8 3,433.1 3,449.6 3,460.5 3,3929 3,426.0 3,451.1 -57.5 35.1 23.2 47 47 Imports -47.5 404 9.4 48 48 Goods 3,111.8 3,1630 3,158.5 3,0580 3,1075 3,123.2 28387 2,838.6 2,851.6 2,8043 2,844.7 2,854.1 4.3 12 9 49 49 Services 715.2 7280 731.9 709.8 702.4 716.7 597.8 613.4 611.5 591.8 587.6 600.5 50 Government consumption expenditures and gross investment 4,743.8 4.5724 4,643.9 4,662.8 4,794.8 4,866.5 3,818.8 3,7148 3,758.8 37898 3,8434 3,8813 148.4 40.0 50 59.8 25.4 51 Federal 1,771.8 1,691.8 1,730.6 1,744.3 1,791.9 1,820.1 1,480.7 1,444.5 1,462.8 1,465.9 1,492.3 1,500.7 8.4 51 394.7 956.2 968.7 9789 1,009.1 1,022.1 827.5 811.5 815.4 820.1 836.8 837.7 27.4 16.7 0.9 52 52 National defense 764.9 794.5 637.2 622.1 63018 632.1 B44.7 641.2 19.6 126 -3.5 53 53 Consumption expenditures 777.1 743.6 76010 789.1 54 Gross investment 217.6 212.7 208.8 214.0 220.1 227 6 191.1 190.4 188 8 192.9 197.7 4.1 4.7 54 55 Nondefense 777.0 735.5 761.9 765.5 782 8 798.0 653.2 633.0 647.4 648.7 655.5 32 5 B.7 7.6 55 56 Consumption expenditures 552.0 5243 54310 542 3 567.2 535.4 454.4 443.2 449.1 456.5 454.1 19.1 74 2.6 56 57 Gross investment 225.1 211.2 218.9 223.2 225.6 232.6 199.7 190.4 195.3 198.6 199.8 20510 137 13 5.2 57 2,9720 2880.6 2,913.2 2925.5 3,002.9 3,046.4 2,335.4 2.270.8 2,296.5 2,3230 2,3514 2,3526 BE.8 28.4 31.2 58 58 State and local 41.8 125 11.7 59 59 Consumption expenditures 2,423.1 2,3865 2,399.1 2,3583 2443.9 2461.1 1,916.2 1,885.5 1,900.5 1,9092 1,921.7 1,933.4 548.9 494.1 514.2 537.2 569.0 585.3 421.0 384.9 395.5 412.8 428.4 447. 15.6 19.1 60 60 Gross investment -106.9 -107.2 61 Residual -103.8 -102 5 -101.2 -116.8 - Addenda 26, 1982 26,485.4 26,6257 26,969.7 21,814.9 21,841.7 21,868.2 21,969.0 1027 62 Gross domestic income (GOD " 26,303.3 26,649.5 26,844.4 27 289.9 21,902.4 21,977.0 22,045.8 22 229.8 - 184.0 63 63 Average of GDP and GDI 27,300.6 26 230.7 26,78919 27/044.5 27 508.1 27,859.8 22,2850 21,809.9 22,054.3 22, 167.1 22,362.5 22,556.0 623.8 195.4 193 5 34 64 Final sales of domestic product 162.8 65 65 Gross domestic purchases 28, 1553 27 2856 27,639.3 27,869.1 28,389.4 28,723.3 23,287.6 22,936.7 23,028.5 23,140.9 23,409.0 23,571.8 433.2 268.1 505.4 197.3 176.3 86 66 Final sales to domestic purchasers 28,0980 27,1079 27,615.6 27,850.5 28287 3 28,638.5 23, 197.8 22,755.3 22,970.4 23,0826 23,280.0 23,458.3 Or Final sales in private domestic purchasers 23,354.2 22,535.5 22,971.7 23,180.7 23,4925 23,772.0 19,384.8 19,047.2 19,218.1 19,298.9 19,442.1 19,580.2 354.8 143 2 138.0 67 552.3 265 3 178.3 63 68 GDP 27,357.8 26.408.4 26,013.6 27,0630 27.610.1 27,944.6 22,3743 21,290.0 22,112.3 22,225.4 22,490.7 22,669.0 59 Plug: Income receipts from the rest of 31.9 the world 1,340.7 1,390.7 1,4527 1,499.9 1, 182.6 1,215.4 1,265.2 1,297.1 .. Less Income payments to the rest of the world 1, 1552 1,231.8 1,279.7 1,335.8 1,019.1 1,076.8 1,114.6 1,155.4 71 Equals: Gross national product 26,5940 26,972.5 27,236.1 27,774.2 22,161.3 22,260.3 22,384.6 22,641.8 257.2 71 22,7725 21,978.1 22,306.2 22,5060 22,9987 23,2790 18,591.6 18 274.5 18,370.3 18,455.6 18,693.8 18,846.6 443.3 235.1 152.8 72 72 Net domestic product r Revised Revisions include changes to and salary estimates for the third quarter of 2023. 1. Fool gross domestic income in price deflator for gross domestic product. Noted Users are cautioned that particularly for components that exhibit rapid change in price relative to ofhar prices in the coonomy. the chained-do growth role of more aggrogain sorion For accutate estimates of the contributions to percent changes in noel gross domestic product, usa table 2. Source: U.B. Bureau of Economic Analysis