Use table 3 (Gross Domestic Product: Level and Change from Preceding Period). Table 3 is

located on page 9, so you need to scroll all the way down to page 9.

The left columns are nominal GDP (and its components) and the right half represents real GDP

(chained 2012 dollars).

a)

Create the table

that contains

the following information for the last

available

quarter.

Please note that using the data for previous quarters will produce

grade

zero

for this part of the project.

You need this information from

both

parts of the table 3- (

nominal GDP (and its

components) from left columns and real GDP (chained 2012 dollars) from the right part of the

table 3)

. Omit the intermediate lines found in Table 3 on the web site.

Gross domestic product

Personal consumption expenditures

Gross private domestic investment

Net exports of goods and services

Government consumption expenditures and gross investment

b)

Calculate the percentage (the proportion) of each category in nominal GDP and

in real GDP.

Using Nominal GDP:

[Personal consumption expenditures / Nominal GDP]*100%

[Gross private domestic investment / Nominal GDP]*100%

[Net exports of goods and services / Nominal GDP]*100%

[Government consumption expenditures and gross investment/ Nominal GDP]*100%

And using Real GDP:

[Personal consumption expenditures /

Real

GDP]*100%

[Gross private domestic investment /

Real

]*100%

[Net exports of goods and services /

Real

GDP]*100%

[Government consumption expenditures and gross investment/

Real

GDP]*100