Go to the BEA website (http://www.bea.gov (Links to an external site.)Links to a

Question

Go to the BEA website (http://www.bea.gov (Links to an external site.)Links to an external site.)[Insert the 'links to an external site' symbol]. On the left navigation under Resources, go to the Interactive Data section by clicking the Interactive Tables link. Select GDP & Personal Income and click Begin Using Data.... Under Section 1, see Tables 1.1.6 and 1.1.7. Examine all four components of GDP (C, I, G, and Xn). Which of these four components of AD are rising and which are dropping? On the top righthand corner of the page, you can click on Modify to select prior years.

Explanation / Answer

in table 1.1.6

C- PERSONAL CONSUMPTION EXPENDITURE - there is a continuous growth in all the quarters of 2015,2016 and 2017.

I- GROSS PRIVATE DOMESTIC INVESTMENT- there is a growth in it in the 1st three quarters of 2015 and then it comes down in the 4th quarter of 2015.

in 2016 it has further declined in the 1st quarter and then a rise in the 3rd and the 4th quarter .in 2017 there is again a continuous growth in all the three-quarter data available.

Xn - NET EXPORT OF GOODS AND SERVICES - there is trade deficit in all the three years of 2015,16 and 17.the data show a growing trade deficit in all the four quarters of 2015 to the 1st quarter of 2016 .in the 2nd and 3rd quarter of 2016 there is fall in trade deficit and again a rise in the 4th quarter of 2016.

in 2017 there is a continuous fall in the trade deficit in all the three-quarter data available.

G - GOVERNMENT CONSUMPTION EXPENDITURE AND GROSS INVESTMENT - there is a continuous growth in 2015 to the ist quarter of 2016, then a slight fall in the 2nd quarter of 2016 and again a growth in the 3rd and the 4th quarter of 2016.

again there is a continuous fall in government expenditure in all the three quarters of 2017.

Table - 1.1.7

C - PERSONAL CONSUMPTION EXPENDITURE- in the 1st quarter of 2015 it is negative but in other three quarters of 2015 it is positive but is decreasing.

in 2016 there is continuous decrease and increase in it and in 2017 again there is continuous fluctuation in the personal consumption expenditure data.

I - GROSS PRIVATE DOMESTIC INVESTMENT - it is negative or almost nil to the 1st quarter of 2016.then there is arise in it in the 2nd quarter of 2016 and again a fall in the 3rd quarter of 2016 and then a continuous rise in it up to the 2nd quarter of 2017 and again a fall in the 3rd quarter of 2017.

Xn - NET EXPORT OF GOODS AND SERVICES - data not available.

G - GOVERNMENT CONSUMPTION EXPENDITURE AND GROSS INVESTMENT - there is a continuous fluctuation in it all the three years but in the 1st quarter of 2015 and 2016 it is negative.

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