Question
Go to theBureau of Economic Analysis(https://www.bea.gov) (BEA) website and look at quarterly data from the last few years of the National Accounts. Also, please visit
Go to theBureau of Economic Analysis(https://www.bea.gov)
(BEA) website and look at quarterly data from the last few years of the National Accounts.
Also, please visit the following links:
(Interactive Data - GDP and Personal Income - Table 1.1.6 - Real GDP, chained dollars)(https://apps.bea.gov/iTable/iTable.cfm?reqid=19&step=2#reqid=19&step=3&isuri=1&1921=survey&1903=6)
((https://fred.stlouisfed.org/data/GDPPOT.txt)
Real Potential Gross Domestic Product)
Please review the tables and can you make a decision of what part of the business cycle the U.S. economy is currently in 2020? Why? What factors lead you to this conclusion?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
