Macroeconomics (Fourth Edition)
Macroeconomics (Fourth Edition)
4th Edition
ISBN: 9780393603767
Author: Charles I. Jones
Publisher: W. W. Norton & Company
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Chapter 5, Problem 7E

(a)

To determine

The graph of the FRED database series.

(b)

To determine

The average value of the FRED database series.

(c)

To determine

The average investment rate compare to the past values.

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Calculate private investment per capita for each year from 2003-2020. What are the per capita growth rates in private investment for the periods 2003-2008 and 2008-2013? And briefly, state what this change in the growth ofprivate investment tell us in terms of aggregate expenditure?
Suppose GDP in this country is $480 million.  National Income Account Value (Millions of dollars) Government Purchases (GG) 150 Taxes minus Transfer Payments (TT) 180 Consumption (CC) 225 Investment (II) 105     Complete the following table by using national income accounting identities to calculate private and public saving. In your calculations, use data from the initial table. Private SavingPrivate Saving  =       (YTI, TG, YCT)    =  =    ?million    Public SavingPublic Saving  =  =    (CT, TG, YCT, YTI)     =  =    $million
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