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econ 3 1
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National: Gross Domestic Product
Begin Using the Data
You should see quarterly data. Modify it so that you have annual data from 2007 – 2013.
•Calculate the share of GDP for each of the four expenditure categories C, I, G, and Net Exports for:
(For example, you may find C is about 70% of GDP, and so on.)
1. The year 2007.
2. The year 2009.
3. The year 2013.
4. Are there any differences?
5. How did the recession effect the economy?