Compute of GDP and its components with the given data.
Line |
|
2008-I |
2008-II |
2008-III |
2008-IV |
1 |
Gross domestic product |
14373.9 |
14497.8 |
14546.7 |
14347.3 |
2 |
Personal consumption expenditures |
10095.1 |
10194.7 |
10220.1 |
10009.8 |
3 |
Goods |
3447.2 |
3474.9 |
3463 |
3227.5 |
4 |
Durable goods |
1145.8 |
1126.5 |
1088.5 |
1019.9 |
5 |
Nondurable goods |
2301.4 |
2348.4 |
2374.5 |
2207.6 |
6 |
Services |
6647.9 |
6719.8 |
6757.1 |
6782.3 |
7 |
Gross private domestic investment |
2214.8 |
2164.6 |
2142.7 |
2022.1 |
8 |
Fixed investment |
2223 |
2214 |
2179.7 |
2066.6 |
9 |
Nonresidential |
1705 |
1719.7 |
1711 |
1638.7 |
10 |
Structures |
586.3 |
610.6 |
620.4 |
620.7 |
11 |
Equipment and software |
1118.7 |
1109.2 |
1090.6 |
1018 |
12 |
Residential |
518.1 |
494.2 |
468.6 |
427.8 |
13 |
Change in private inventories |
-8.2 |
-49.3 |
-37 |
-44.5 |
14 |
Net exports of goods and services |
-744.4 |
-738.7 |
-757.5 |
-590.5 |
15 |
Exports |
1803.6 |
1901.5 |
1913.1 |
1706.2 |
16 |
Goods |
1247.3 |
1326.2 |
1338.5 |
1155.7 |
17 |
Services |
556.3 |
575.3 |
574.6 |
550.5 |
18 |
Imports |
2548.1 |
2640.2 |
2670.5 |
2296.7 |
19 |
Goods |
2143.1 |
2226.8 |
2243.3 |
1892.5 |
20 |
Services |
404.9 |
413.4 |
427.2 |
404.2 |
21 |
Government consumption expenditures and gross investment |
2808.4 |
2877.1 |
2941.4 |
2905.9 |
22 |
Federal |
1038.3 |
1069.5 |
1108.3 |
1114.3 |
23 |
National defense |
703.6 |
725.6 |
763.6 |
758.9 |
24 |
Nondefense |
334.8 |
343.9 |
344.7 |
355.3 |
25 |
State and local |
1770.1 |
1807.6 |
1833.1 |
1791.7 |
a.What is GDP in the 4th quarter of 2008? The 1st quarter?
b.What is C, I, G, and (X - M) each in the 4th quarter of 2008? Compare each to the figures for the 1st quarter.