From the 2013 Economic Report of the President (Yes, we are using the 2013 report because it had more historical data than more recent reports), please find data on the following annual series from the year 1973 to 2012:
Nominal GDP (Simply called GDP in the ERP)
Real GDP
Real Government Purchase (called Government consumption expenditures and gross investment in the Report. Real means the numbers are in the constant dollar)
Real Personal Consumption
Real Gross Private Domestic Investment
For each year, Please calculate the percentage of
Real Government Purchase to Real GDP
Real Personal Consumption to Real GDP
Real Gross Private Domestic Investment to Real GDP
(Note: the Economic Report of the President is a very good source for economic data. You can find this report on the White house's website, https://www.whitehouse.gov/administration/eop/cea/economic-report-of-the-President/2015, the link is provided on the class website's external links section at Canvas. You are very much encouraged to read the whole report if you are interested to know more about the U.S. economy. However, for this assignment, you just need to obtain the data from the report. The data you are looking for is in appendix B in the report and they can be downloaded in a spreadsheet from the above website.)
From the 2013 Economic Report of the President (Yes, we are using the 2013 report because it had more historical data than more recent reports), please find data on the following annual series from the year 1973 to 2012:
Nominal GDP (Simply called GDP in the ERP)
Real GDP
Real Government Purchase (called Government consumption expenditures and gross investment in the Report. Real means the numbers are in the constant dollar)
Real Personal Consumption
Real Gross Private Domestic Investment
For each year, Please calculate the percentage of
Real Government Purchase to Real GDP
Real Personal Consumption to Real GDP
Real Gross Private Domestic Investment to Real GDP
(Note: the Economic Report of the President is a very good source for economic data. You can find this report on the White house's website, https://www.whitehouse.gov/administration/eop/cea/economic-report-of-the-President/2015, the link is provided on the class website's external links section at Canvas. You are very much encouraged to read the whole report if you are interested to know more about the U.S. economy. However, for this assignment, you just need to obtain the data from the report. The data you are looking for is in appendix B in the report and they can be downloaded in a spreadsheet from the above website.)