Question: Link from the text Web site to the online Economic Report of the President and get annual data on real GDP and real investment. Calculate
Link from the text Web site to the online Economic Report of the President and get annual data on real GDP and real investment. Calculate the growth rates of the two variables for each year since 1960. (A variable’s growth rate in a given year is the percentage change from the previous year.) Which is more volatile, GDP or investment? What might explain the difference in volatility?
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The growth rate for the investment component of GDP is much more volatile than the growth rate of GD... View full answer
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