Assignment:
US Bureau of Economic Analysis (BEA) and Bureau of Labor Statistics (BLS).
Question 1. Compute the growth rates of NGDP for all the years from Table 1.
Question 2. Compute the growth rates of RGDP for all the years from Tablet
Question 3. Compute the GDP Deflators or GDP Price Indexes for the all years from table 1.
Question 4. Compute the inflation rates for all the years from Table 1 using GDP Deflator
Question 5. Compute the inflation rates for all the years from Table 1 using CPI.
Question 6. Compare the inflation rates using GDP Price Index to the ones using CPI. What can you conclude?
The file is enclosed below:
Attachment:- Bureau of Economic Analysis.zip