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 GDP and Growth 5

# Module 03 Written Assignment

Now that you know about GDP and how to calculate GDP, use one of the web sites listed in Module 01 including www.bea.gov and www.bls.gov and do some research. In a 1-2 page paper, do the following:

• First, find GDP numbers for the U.S. China, India, and Turkey.
• Second, find the level of consumption spending in the U.S. economy for the past 40 years. Also do the same thing for gross Investment spending, government spending, and net exports.
• Third, begin to think like an economist and analyze what accounts for the GDP numbers of the U.S. China, India, and Turkey. That is, which one of the four components of GDP did you find in your research accounts for the growth rates of these nations? Also, what accounted for the change in spending in the four components to GDP in the U.S. economy for the past 40 years?
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xxxxxxx Head: Homework Assignment� � xxxx \* Arabic xxxxxxxxxxxxxxxxxx History Essay� xxx PAGE \* xxxxxx xxxxxxxxxxxxxxx

xxxxxx xxx 17,372�US: xxx xxxxxxxxxxxxxxx xxx 5,060��In xxxxx of income per xxxxxxx among xxx countries that xxxx xx xxx xxx xx xxxxxxx economies in 2050, India xxxxxx xxxx in xxxx and xxxx also rank xxxx in 2050. China xxxxxx xx 27 in 2010 xxx xxxx xxxx to xxxx xx xx xxxxx The xxxxxx xxxx xxxxxxxx that India’x xxxxxxxxxx will beat xxxxx’x xx xxxxx

xxxxxxxxx xxxx at xxx xxx xxxxxx xxxx to see xx the xxxxxxx is xxxxxxxx rapidly so xxxx xxx xxxxxx xxxxx asset xxxxxxxxxxx xx xxxxxxxxx xxxxxxxxx xxxxxxx country GDP xxxxxx xxxxx to decide xxxxx xxx xxxx xxxxxxxxxxxxx are. xxxx xxxxxxxxx like xx xxxxxxxx shares xx xxxxxxxxx xxxx xxx xx rapidly xxxxxxx companies. The xxxxxxx xxxxxxx uses the GDP growth xxxx to decide whether to implement xxxxxxxxxxxx monetary xxxxxx xx ward xxx recession xx xxxxxxxxxxxxxx monetary xxxxxx xx xxxxxxx xxxxxxxxxx Let's say the

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