Question: Consider the table that provides data on the components of Aggregate Demand for the United States economy from the year2000 to 2019.Principal Components of GDP:
Consider the table that provides data on the components of Aggregate Demand for the United States economy from the year2000 to 2019.Principal Components of GDP: United States of America Chained 20120 answers
Consider the table that provides data on the components of Aggregate Demand for the United States economy from the year 2000 to 2019.
Principal Components of GDP: United States of America
Chained 2012 Billions of Dollars, Seasonally Adjusted Annual Rate
Frequency: quarterly (1947:Q1-2019:Q4)
Y = C + I + G + (X-M)
| observation date | Real Gross Domestic Product | Real Personal Consumption Expenditures | Government Real Consumption Expenditures and Gross Investment | Real Gross Private Domestic Investment | Real Imports of Goods and Services | Real Exports of Goods and Services |
| 2000-01-01 | 12924,179 | 8520,710 | 2645,393 | 2257,109 | 1853,884 | 1337,203 |
| 2000-04-01 | 13160,842 | 8603,007 | 2671,254 | 2390,733 | 1911,437 | 1375,203 |
| 2000-07-01 | 13178,419 | 8687,485 | 2659,687 | 2367,274 | 1978,137 | 1408,783 |
| 2000-10-01 | 13260,506 | 8762,205 | 2675,695 | 2371,809 | 1977,750 | 1396,844 |
| 2001-01-01 | 13222,690 | 8797,280 | 2716,773 | 2264,202 | 1946,136 | 1376,171 |
| 2001-04-01 | 13299,984 | 8818,079 | 2764,085 | 2267,433 | 1886,626 | 1330,818 |
| 2001-07-01 | 13244,784 | 8848,300 | 2761,354 | 2218,370 | 1848,983 | 1265,968 |
| 2001-10-01 | 13280,859 | 8980,610 | 2806,951 | 2108,500 | 1823,051 | 1225,899 |
| 2002-01-01 | 13397,002 | 9008,096 | 2855,529 | 2170,707 | 1876,715 | 1252,821 |
| 2002-04-01 | 13478,152 | 9054,348 | 2877,458 | 2206,375 | 1939,905 | 1287,830 |
| 2002-07-01 | 13538,072 | 9119,949 | 2892,823 | 2203,109 | 1964,336 | 1294,531 |
| 2002-10-01 | 13559,032 | 9172,361 | 2915,130 | 2201,749 | 1996,770 | 1273,374 |
| 2003-01-01 | 13634,253 | 9215,501 | 2918,534 | 2218,685 | 1986,631 | 1274,663 |
| 2003-04-01 | 13751,543 | 9318,994 | 2946,145 | 2233,997 | 2014,711 | 1272,771 |
| 2003-07-01 | 13985,073 | 9455,687 | 2953,056 | 2315,399 | 2048,029 | 1308,173 |
| 2003-10-01 | 14145,645 | 9519,802 | 2971,022 | 2393,402 | 2110,835 | 1364,446 |
| 2004-01-01 | 14221,147 | 9604,507 | 2984,420 | 2398,151 | 2178,471 | 1401,605 |
| 2004-04-01 | 14329,523 | 9664,264 | 2992,385 | 2493,945 | 2267,146 | 1423,190 |
| 2004-07-01 | 14464,984 | 9771,136 | 2997,860 | 2532,635 | 2297,245 | 1434,005 |
| 2004-10-01 | 14609,876 | 9877,416 | 2996,211 | 2585,477 | 2347,515 | 1465,938 |
| 2005-01-01 | 14771,602 | 9935,048 | 3011,182 | 2658,163 | 2370,078 | 1500,241 |
| 2005-04-01 | 14839,782 | 10047,766 | 3009,466 | 2622,793 | 2401,651 | 1526,996 |
| 2005-07-01 | 14972,054 | 10145,297 | 3019,418 | 2657,458 | 2417,442 | 1530,666 |
| 2005-10-01 | 15066,597 | 10175,424 | 3021,766 | 2743,846 | 2494,683 | 1574,891 |
| 2006-01-01 | 15267,026 | 10288,892 | 3060,135 | 2784,583 | 2547,713 | 1634,742 |
| 2006-04-01 | 15302,705 | 10341,016 | 3059,225 | 2766,628 | 2575,483 | 1666,697 |
| 2006-07-01 | 15326,368 | 10403,798 | 3054,837 | 2755,954 | 2599,709 | 1667,245 |
| 2006-10-01 | 15456,928 | 10504,481 | 3079,918 | 2702,487 | 2603,059 | 1737,082 |
| 2007-01-01 | 15493,328 | 10563,261 | 3084,455 | 2683,893 | 2634,225 | 1761,352 |
| 2007-04-01 | 15582,085 | 10582,839 | 3112,464 | 2713,495 | 2650,756 | 1788,421 |
| 2007-07-01 | 15666,738 | 10642,483 | 3126,544 | 2686,106 | 2661,519 | 1842,129 |
| 2007-10-01 | 15761,967 | 10672,794 | 3150,762 | 2653,056 | 2637,382 | 1897,391 |
| 2008-01-01 | 15671,383 | 10644,429 | 3157,702 | 2583,253 | 2645,612 | 1913,508 |
| 2008-04-01 | 15752,308 | 10661,689 | 3184,542 | 2536,403 | 2621,783 | 1974,664 |
| 2008-07-01 | 15667,032 | 10581,856 | 3209,489 | 2485,549 | 2587,985 | 1961,163 |
| 2008-10-01 | 15328,027 | 10483,376 | 3230,492 | 2246,441 | 2492,828 | 1852,397 |
| 2009-01-01 | 15155,940 | 10459,698 | 3266,177 | 1986,845 | 2246,492 | 1702,730 |
| 2009-04-01 | 15134,117 | 10417,334 | 3313,168 | 1872,287 | 2153,127 | 1707,886 |
| 2009-07-01 | 15189,222 | 10489,202 | 3321,897 | 1868,013 | 2242,931 | 1769,969 |
| 2009-10-01 | 15356,058 | 10473,645 | 3328,046 | 2040,736 | 2351,750 | 1874,467 |
| 2010-01-01 | 15415,145 | 10525,432 | 3315,216 | 2087,171 | 2408,555 | 1902,612 |
| 2010-04-01 | 15557,277 | 10609,148 | 3326,546 | 2196,706 | 2520,175 | 1947,618 |
| 2010-07-01 | 15671,967 | 10683,342 | 3303,891 | 2294,672 | 2612,581 | 2001,560 |
| 2010-10-01 | 15750,625 | 10753,999 | 3283,262 | 2287,362 | 2633,738 | 2059,623 |
| 2011-01-01 | 15712,754 | 10799,741 | 3243,232 | 2244,241 | 2650,836 | 2077,113 |
| 2011-04-01 | 15825,096 | 10823,654 | 3221,366 | 2336,057 | 2666,555 | 2110,776 |
| 2011-07-01 | 15820,700 | 10866,036 | 3175,463 | 2343,786 | 2696,956 | 2133,150 |
| 2011-10-01 | 16004,107 | 10885,893 | 3173,227 | 2524,429 | 2734,130 | 2155,157 |
| 2012-01-01 | 16129,418 | 10973,303 | 3159,561 | 2577,157 | 2748,995 | 2168,538 |
| 2012-04-01 | 16198,807 | 10989,585 | 3143,038 | 2636,495 | 2762,533 | 2192,182 |
| 2012-07-01 | 16220,667 | 11007,517 | 3138,209 | 2648,459 | 2777,311 | 2203,603 |
| 2012-10-01 | 16239,138 | 11056,852 | 3107,233 | 2624,905 | 2750,564 | 2200,797 |
| 2013-01-01 | 16382,964 | 11114,186 | 3079,392 | 2722,778 | 2758,606 | 2225,897 |
| 2013-04-01 | 16403,180 | 11122,185 | 3073,951 | 2753,237 | 2798,456 | 2252,655 |
| 2013-07-01 | 16531,685 | 11167,422 | 3057,412 | 2859,751 | 2818,648 | 2266,774 |
| 2013-10-01 | 16663,649 | 11263,648 | 3033,402 | 2870,127 | 2834,074 | 2333,157 |
| 2014-01-01 | 16616,540 | 11308,019 | 3020,848 | 2838,287 | 2866,196 | 2316,680 |
| 2014-04-01 | 16841,475 | 11431,831 | 3024,639 | 2958,068 | 2939,015 | 2366,786 |
| 2014-07-01 | 17047,098 | 11554,841 | 3044,883 | 3018,582 | 2946,580 | 2377,339 |
| 2014-10-01 | 17143,038 | 11694,969 | 3043,414 | 3021,857 | 3018,206 | 2400,290 |
| 2015-01-01 | 17277,580 | 11792,119 | 3059,010 | 3116,465 | 3069,733 | 2373,598 |
| 2015-04-01 | 17405,669 | 11885,980 | 3089,344 | 3118,907 | 3090,699 | 2396,418 |
| 2015-07-01 | 17463,222 | 11976,589 | 3105,189 | 3114,774 | 3116,016 | 2372,622 |
| 2015-10-01 | 17468,902 | 12030,223 | 3113,590 | 3067,068 | 3116,003 | 2363,216 |
| 2016-01-01 | 17556,839 | 12124,214 | 3142,985 | 3054,711 | 3122,740 | 2345,062 |
| 2016-04-01 | 17639,417 | 12211,285 | 3137,504 | 3041,633 | 3128,852 | 2367,934 |
| 2016-07-01 | 17735,074 | 12289,063 | 3151,010 | 3045,541 | 3164,870 | 2403,441 |
| 2016-10-01 | 17824,231 | 12365,312 | 3159,323 | 3113,961 | 3222,740 | 2388,115 |
| 2017-01-01 | 17925,256 | 12438,898 | 3157,328 | 3140,293 | 3254,961 | 2423,459 |
| 2017-04-01 | 18021,048 | 12512,899 | 3167,978 | 3167,926 | 3282,933 | 2432,919 |
| 2017-07-01 | 18163,558 | 12586,281 | 3167,117 | 3225,247 | 3293,173 | 2459,479 |
| 2017-10-01 | 18322,464 | 12729,713 | 3186,102 | 3262,117 | 3403,017 | 2519,228 |
| 2018-01-01 | 18438,254 | 12782,902 | 3201,129 | 3311,826 | 3408,165 | 2523,966 |
| 2018-04-01 | 18598,135 | 12909,192 | 3221,413 | 3296,571 | 3410,411 | 2559,915 |
| 2018-07-01 | 18732,720 | 13019,802 | 3237,970 | 3404,226 | 3481,762 | 2519,321 |
| 2018-10-01 | 18783,548 | 13066,302 | 3234,945 | 3429,477 | 3511,583 | 2528,548 |
| 2019-01-01 | 18927,281 | 13103,317 | 3258,143 | 3481,088 | 3498,339 | 2554,358 |
| 2019-04-01 | 19021,860 | 13250,040 | 3296,550 | 3424,653 | 3498,168 | 2517,482 |
| 2019-07-01 | 19121,112 | 13353,121 | 3310,369 | 3416,180 | 3513,566 | 2523,433 |
| 2019-10-01 | 19221,970 | 13413,811 | 3331,058 | 3363,398 | 3437,059 | 2536,370 |
1. Group all the variables and graph the behavior of the series and describe what can be observed.
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