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Given your chosen Macro-economic variables (measuring consumer spending and business spending), briefly explain how it can be used to gauge general U.S. economic growth/activity? Also,

Given your chosen Macro-economic variables (measuring consumer spending and business spending), briefly explain how it can be used to gauge general U.S. economic growth/activity? Also, how can such a measure be a proxy for the anticipate direction of interest rates tied to your firms cost of capital? Why is monitoring this measure of economic activity important to your personal and business lending choicesespecially with regard to your firms growth and profitability (NPVand EPS growth)?

GDP = C + I + G + X

~71% C

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