https://fred.stlouisfed.org/categories/106 Homework: Ch. 8.3: Real v. Nominal GD

Question

https://fred.stlouisfed.org/categories/106 Homework: Ch. 8.3: Real v. Nominal GDP Score: 0 of 5 pts Real-Time Data Exercise 6 Real-Time Data Analysis Exercise HW Sco U.S. Nominal and Real GDP questions 19.308 For this exercise you will need to enter data from FRED for nominal gross domestic product (GDPC1). gross domestic product (GDP) and real Using the data from FRED, enter the values for the third quarter of 2017 (shown as 2017-07-01 in Fred) for the following series IDs Series ID GDP 03:05 030903 1303 11 Real-time data provided by Federal Reserve Economic Data (FRED), Federal R Louis | !.. | 111 | Vi | :/i |.. | (u) | Moo 3 parts Clear All

Explanation / Answer

GDP: Q3 2017: $19,500.602 bil

GDPC1: Q3 2017: $17,163.894 bil. of chained dollar

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