Question
This is based on the latest GDP report, which you can findat https://www.bea.gov/news/glance (look under National Economic Accounts/Gross Domestic Product, and click current release).Answer the
This is based on the latest GDP report, which you can findathttps://www.bea.gov/news/glance (look under National Economic Accounts/Gross Domestic Product, and click current release).Answer the following questions based on this specific report.
1a. Consider the GDP splits; C, I, G, NX.What does the report say were the main contributors to the observed change in GDP?
1b. According to the report, were there any notable changes in C, I, G or NX that were adragon GDP growth?
1c. What do you take away from this report?How does this information affect your expectations of the economy, job prospects, and your income earning potential within it, for the near future?
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