A. Find the values for the most recent quarter for

a. Find the values for the most recent quarter for these three variables: (1) Personal Income (PINCOME); (2) Disposable Personal Income (DPI); and (3) Personal Consumption Expenditures (PCEC).
b. Use these values to calculate the difference between personal income and disposable personal income. What does this value represent?
Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research.stlouisfed.org/fred2/).

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