q the st louis federal reserve bank provides data


Q. The St. Louis Federal Reserve Bank provides data on both real GDP (chained 1996 dollars) and real GDP for the United States. Click on the "Economic Data-FRED" link at the top of the page, and then select "Gross Domestic Product and Components." Now select GDP/GNP. Find the potential GDP and the actual GDP for the most recent quarter for which both are available. Illustrate what was the size difference between the two - the negative/positive GDP gap? If the multiplier was 2 in which period, illustrate what was the size of the economy's recessionary/inflationary gap?

Request for Solution File

Ask an Expert for Answer!!
Business Economics: q the st louis federal reserve bank provides data
Reference No:- TGS0450553

Expected delivery within 24 Hours