Describe the graph and its trend. FREDShares of gross domestic product: Government consumption expenditures and gross investmentShares of gross domestic product: Net exports of goods and services2.52.01.51.00.50.0-0.5-1.0-1.519801985199019952000200520102015Source: U.S. Bureau of Economic Analysisfred.stlouisfed.orgChange from Year Ago, Percent

GDP: It refers to the goods and services which have been produced in an economy. Total national…

Answered: 2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5…

Business

Economics

2.5 2.0 1.5 1.0 0.5 0.0 -0.5 -1.0 -1.5 1980 1985 1990 1995 2000 2005 2010 2015

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Describe the graph and its trend.

FRED
Shares of gross domestic product: Government consumption expenditures and gross investment
Shares of gross domestic product: Net exports of goods and services
2.5
2.0
1.5
1.0
0.5
0.0
-0.5
-1.0
-1.5
1980
1985
1990
1995
2000
2005
2010
2015
Source: U.S. Bureau of Economic Analysis
fred.stlouisfed.org
Change from Year Ago, Percent

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