Feeling wealthier; Spending more? Access the Bureau of Economic Analysis Web site,www.bea.gov(Links to an external site.)

, interactively. Select "Interactive Data Tables," which is listed under Publications. On that page, select "National Income and Product Accounts." Go to the List of AllNIPATables and then find Table 1.1.6, which will give you access to real GDP figures for the U.S. economy

Find the annual levels of real GDP and real consumption for 2005 and 2006.

Did consumption increase more rapidly or less rapidly in percentage terms than real GDP?

Discuss in detail and use examples to support your argument.

2005-2007 the economy wasoperatingat maximum capacity, the peak phase of the business cycle.