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Business Economics GM545| March 2011 Online Session_C| | Chapter 15, Question 11. The table chthonic lists gross domestic product (gross domestic product), consumption (C), gross confidential domestic investment (I), organization spending (G), and cyberspace exports (X M). calculate each as a pct of GDP for the 5 years presented. Year| GDP| C| I| G| X M| C (%)| I (%)| G (%)| X M (%)| 1965| 719.1| 443.8| 118.2| 151.5| 5.6| 61.72%| 16.44%| 21.07%| 0.78%| 1975| 1638.3| 1034.4| 230.2| 357.7| 16.0| 63.14%| 14.05%| 21.83%| 0.98%| 1985| 4220.3| 2720.3| 736.2| 879.0| -115.2| 64.46%| 17.44%| 20.83%| -2.73%| 1995| 7397.7| 4975.8| 1144.0| 1369.2| -91.4| 67.26%| 15.46%| 18.51%| -1.24%| 2005| 12455.8| 8742.4| 2057.4| 2372.8| -716.7| 70.19%| 16.52%| 19.05%| -5.75%| (a.) Which segment of GDP is to the highest degree persistent? tone for the smallest change from the year with the smallest contribution to GDP to the year with the largest contribution. (b.) Which i s the more or less volatile as a per centumage of GDP? (c.) Ignoring give the sack exports, which component has grown the fastest as a percent of GDP since 1965? The gross domestic product (GDP) is a canvas  index finger that we use to measure the health of our countrys economy.

It embodies the nub dollar sign value of all goods and services produced oer within a given period. GDP is measured by either use an income approach or an spending approach. The components of and salaries, corporate profits, proprietors income, farm income, rent, interest, gross revenue taxes, and depreciation (National Income A ccounting ). The expenditure components are ! as follows: consumption, investment, government spending, and net exports. The component of GDP that tends to be the most stable part of the economy is ain consumption. This is not much of a surprise because it has always been the largest component of the GDP. Personal consumption is the indicator of the average increase in prices for all domestic personal...If you take to get a full moon essay, order it on our website: OrderCustomPaper.com

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