Question: 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

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/).

Step by Step Solution

★★★★★

3.44 Rating (157 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock

a In the second quarter of 2015 personal income equaled 152213 billion disposabl... View full answer

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Document Format (1 attachment)

1347-B-A-A-M-E(894).docx

120 KBs Word File

Students Have Also Explored These Related Micro Economics Questions!

Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research.stlouisfed.org/ fred2/). a. Find the values for the most recent two years for Real Exports of Goods and Services (EXPGSCA)...

Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research.stlouisfed.org/fred2/). a. Find the values for the most recent quarter for the following three variables: (1) Nominal...

Go to the Web site of the Federal Reserve Bank of St. Louis (FRED) (research.stlouisfed.org/fred2/). a. Find the values for the most recent month and for the month one year earlier for the Consumer...

a. Find the values for the most recent quarter for these four variables: (1) Personal Consumption Expenditures (PCEC); (2) Personal Consumption Expenditures: Durable Goods (PCDG): (3) Personal...

Go to the St. Louis Federal Reserve FRED database, and find data on the most recent values for Personal Income (PINCOME), Disposable Personal Income (DPI), and Personal Consumption Expenditures...

Go to the St. Louis Federal Reserve FRED database, and find data on disposable personal income (DPI), personal saving (PSAVE), and personal consumption expenditures (PCEC). Download the data onto a...

Go to the St. Louis Federal Reserve FRED database, and find data on real personal disposable income (DPIC96), a measure of household net worth (TNWBSHNO), a measure of the price level, the personal...

1. Business cycles are linked to the interaction between: a. the foreign exchange rate and the balance of payments account. b. the aggregate demand and aggregate supply curves. c. the demand and...

Using data from the St. Louis Federal Reserve (FRED) (http://research.stlouisfed. org/fred2/), analyze personal consumption expenditures. a. Find the most recent values from FRED for these four...

Hi! Can you please help with these questions: Here is the link for FRED: https://fred.stlouisfed.org/categories/106 Click the following link to view GDP/GNP data from FRED*. Then use that data to...

Scheerer, a real estate agent, helped arrange for Fisher to buy some commercial real estate for $20 million. The property seller and Fisher, the buyer, each promised to pay Scheerer a two percent...

Compare the efficiency of the Otto engine and the Carnot engine operating between the same maximum and minimum temperatures.

BE11.14 (LO 4) Sinise Industries acquired two copyrights during 2025. One copyright related to a textbook that was developed internally at a cost of 9,900. This textbook is estimated to have a useful...

In the LVTS environment, government deposit shifting is aff ected by auctions of government balances. Discuss.

Suppose that exports become more sensitive to changes in the price level in the United States. That is, when the price level in the United States rises, exports decline by more than they previously...

If real GDP in the United States declined by more during the 2007-2009 recession than did real GDP in Canada, China, and other trading partners of the United States, would the effect be to increase...

Explain how each of the following events would affect the aggregate demand curve. a. An increase in the price level b. An increase in government purchases c. Higher state income taxes d. Higher...

2. A new chemotherapy drug is released to treat leukemia and researchers suspect that the drug may have fewer side effects than the most commonly used drug to treat leukemia. The two drugs have...

You are the marketing director of KFC fast food restaurants. Your company is expanding overseas and you have been asked to study the culture and customs of Japan to determine how to best serve the...

Descriptive Statistics help with the explanation 13) (10 points)_Hotel Costs The table shows data based on a 2009 report by Travel + Leisure magazine for a sample of 12 luxury hotels in the US. It...