Visit the Bureau of Economic Analysis (Links to an external site.) and manipulate the interactive data chart

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Question:

Visit the Bureau of Economic Analysis (Links to an external site.) and manipulate the interactive data chart to get the following data points:

GDP for 12/31/2005, 12/31/2009, and 12/31/2016.

a. Click the Excel link 2016 Q4 Third Revision

b. Select Section 1 Domestic Product

c. Using the Sheet button advance to the 10105Ann Sheet

Using the above formula and data points calculate the difference in inflation for the periods of 2005-16 and 2009-16. You will need to complete two calculations and annualize the inflation rates.

4. Given the results you calculated for Q5, how do the results vary? What can you infer from this data?

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Visit the Bureau of Economic Analysis (Links to an external site.) and manipulate the interactive data chart

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Here are the steps to get the GDP data points and calculate the inflation rates 1 Go to the Bureau o... View the full answer

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