a. Find the values for the most recent quarter for these three variables: (1) Gross Private Domestic Investment (GPDI); (2) Private Nonresidential Fixed Investment (PNFI); and (3) Private Residential Fixed Investment (PRFI).
b. Use these values to calculate the difference between private domestic investment and residential and nonresidential fixed private investment. What component of GDP does the value calculated represent?
Web site of the Federal Reserve Bank of St. Louis (FRED) (research.stlouisfed.org/fred2/).