What trends can you identify in real gdp

Reference no: EM133531345

Question: Create ONE table for parts a and b below (Can use Excel or tables in Word to create it). Parts c and d should be discussed with 2 - 4 sentences each. Use the Bureau of Economic Analysis website to collect data on real GDP (in chained 2012 dollars) for any five year period, except the five year period demonstrated in the Whiteboard Review Video. Use the Bureau of Labor Statistics website to collect data on the inflation rate (using CPI) and the unemployment rate for the same five years. Based upon the data collected, what trends can you identify in real GDP, unemployment, and inflation? Is the U.S. economy expanding or contracting, based on this data? Explain your answer utilizing economic concepts learned so far in the course

Reference no: EM133531345

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