GDP and Growth

Oct 26th, 2013
Sigchi4life
Category:
Business & Finance
Price: $20 USD

Question description

Now that you know about GDP and how to calculate GDP, use one of the web sites listed in Module 01 including www.bea.gov and www.bls.gov and do some research. In a 1-2 page paper, do the following:

  • First, find GDP numbers for the U.S. China, India, and Turkey.
  • Second, 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.
  • Third, 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?


Tutor Answer

(Top Tutor) Daniel C.
(997)
School: UT Austin
PREMIUM TUTOR

Studypool has helped 1,244,100 students

8 Reviews


Summary
Quality
Communication
On Time
Value
darnay
Dec 4th, 2016
" The best tutor out there!!!! "
dontuwannaknow
Nov 25th, 2016
" Excellent work as always thanks so much "
SjSurvivor143
Nov 12th, 2016
" Thanks for the help. "
ddg82
Nov 3rd, 2016
" Thanks, good work "
tinytim47
Oct 20th, 2016
" Wow this is really good.... didn't expect it. Sweet!!!! "
jestin7
Oct 11th, 2016
" This tutor is great! "
mixedballz
Oct 7th, 2016
" excellent work as always thanks for the help "
lilmoe415
Sep 28th, 2016
" Thank you, Thank you, for top quality work, this is your guy!! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1821 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors