Posted: June 21st, 2016

find the level of consumption spending in the U.S. economy for the past 40 years.

1. find the level of consumption spending in the U.S. economy for the past 40 years. Also do the same thing for gross Investment spending, government spending, and net exports.

2. begin to think like an economist and analyze what accounts for the GDP numbers of the U.S. China, India, and Turkey. That is, which one of the four components of GDP did you find in your research accounts for the growth rates of these nations? Also, what accounted for the change in spending in the four components to GDP in the U.S. economy for the past 40 years?