Question
Go to the Federal Reserve Bank of St Louis web site https://research.stlouisfed.org/fred2/ and/or the Bureau of Economic Analysis web site at https://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm Find the most
Go to the Federal Reserve Bank of St Louis web site https://research.stlouisfed.org/fred2/ and/or the Bureau of Economic Analysis web site at https://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm
Find the most recent estimate for real GDP and list each of its components: C (Personal consumption expenditures) =________________
I (Gross private domestic investment)=_________________
G (government consumption expenditures and gross investment)=_____________
NX (Net exports of goods and services)=______________
Explain why consumer spending tends to be more a stable portion of GDP, when compared to investment spending.
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