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Consider the following data NIPA 2019Q4 ($ billion) Nonresidential Investment $2,793.8 Personal Consumption:Services $9,486.6 Federal Government Expenditures $1,484.5 Residential Investment $883.5 Exports $2,126.4 State and

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Consider the following data NIPA 2019Q4 ($ billion) Nonresidential Investment $2,793.8 Personal Consumption:Services $9,486.6 Federal Government Expenditures $1,484.5 Residential Investment $883.5 Exports $2,126.4 State and local Government Expenditures $2,345.? Change in Inventories $77.0 Imports $2,771.6 Income receipts from the rest of the world $1,165.9 Income payments to the rest of the world $884.8 Personal Consumption: Goods $4,660.8 a. Compute the shares of C, I, G and NX in GDP b. Using the weighted average % change for GDP formula, and given the following % rates of change, compute the % change in GDP a. Compute the shares of C, I, G and NX in GDP b. Using the weighted average % change for GDP formula, and given the following % rates of change, compute the % change in GDP % change 2.20% Q - O 1.70% 2.30% NX -0.10%

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