Access https://fred.stlouisfed.org/ and follow these links: Release > Gross Domestic Product > SECTION 1 - DOMESTIC PRODUCT AND INCOME > Table 1.1.6. Real Gross Domestic Product, Chained Dollars > Annual Note: After clicking Release, Gross Domestic Product was at the bottom of page 2 when I did it. 2. Select the concepts "Personal consumption expenditures," "Gross private domestic investment," and "Government consumption expenditures and gross investment" by clicking on the box to the left of their names. 3. Plot the data series by clicking on "Add to Graph." 4. Click on the "EDIT GRAPH" orange button and select the "FORMAT" tab. 5. Change "Graph type" to "Area." 6. Change "Stacking" to "Percent.

1. When was government spending (as a percent of C I G) at its highest value? What domestic/global event took place during that time?

2. When was private capital formation (as a percentage of C I G) at its lowest value? What domestic/global event took place during that time?

3. Consider the evolution of government spending since the past recession (2008-2009). Has government spending increased or decreased (as a percentage of C I G)? Briefly describe the economic role of the government during and after the past recession (2008-2009).

4. What GDP component is missing from the graph you created earlier? Consider the following graph: https://fred.stlouisfed.org/graph/?g=ewS5. Briefly describe the main difference between that graph and the one you created earlier. Do the answers to questions 1 to 3 change depending on the graph you consider?

5. What is the current state of consumption, investment, and government spending?