Question
Research the latest GDP report for the United States (start here: Gross Domestic Product(Links to an external site.)Links to an external site. ). In a
Research the latest GDP report for the United States (start here: Gross Domestic Product(Links to an external site.)Links to an external site.). In a well-written 3 page ,
- List the four components of GDP.
- Describe what is measured in each of those components.
- Describe the relative size of each of the components (in absolute dollars and as a percentage of GDP) for the U.S. economy.
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Macroeconomics Principles Applications and Tools
Authors: Arthur O'Sullivan, Steven Sheffrin, Stephen Perez
9th edition
978-0134089027, 134089022, 978-0134420684
