Computation of real gdp economic growth

Assignment Help Macroeconomics

Reference no: EM1314494

Given a table of data comprising real GDP and its components over a number of years, compute compound annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption, investment, government spending, exports and imports. Evaluate changes in economic growth and in the component shares.

	2005	2006	2007
Gross Domestic Product	10,989.50	11,294.80	11,523.90
Personal consumption expenditure	7,791.70	8,029.00	8,252.80
Gross private domestic investment	1,873.50	1,912.50	1,809.70
Net exports of goods and services	-616.60	-615.70	-546.50
Government consumption expenditures and gross investment	1,939.00	1,971.20	2,012.10

Reference no: EM1314494

Questions Cloud

Solution for maximization problem by using excel solver : Bright Future, Ltd (BF) is a non-profit foundation providing medical treatment to emotionally distressed children. Determine the optimal amount of service provided by BF.

Find the largest square tile : Find the largest square tile.

Hypothesis test-single mean test : Do these data suggest a statistically significance difference between the proportions of drug-resistant cases in the two states? Use a 0.02 level of significance and computed value of 2.37.

Find the lozier''s income from continuing operations : What was Lozier's gross profit, What was Lozier's income from operations, What was Lozier's income before income tax and What was Lozier's income from continuing operations

Computation of real gdp economic growth : Given table of data comprising real GDP and its components over a number of years, compute compound annual percentage changes in real GDP (economic growth) and compute the shares in real GDP of consumption.

The effects of operating leverage : Compare your answer in requirement H with your answer in requirement D. What conclusions can you draw about the effects of operating leverage from the steps you performed in requirements F, G, and H?

Conclusion of chi square test : Ninety of the sample students are in the Business College, 120 are in the Liberal Arts College, and 90 are in the Education College.

Find the column vectors : Find the column vectors.

Factors shifting expenditure function : Discuss how the aggregate expenditure function shifts in response to changes in each of time following variables:

User Account

All Pages