Question: you analyse the data using the FRED graph, you will see the recession shaded in the chart. Prepare a table like the one below that

you analyse the data using the FRED graph, you will see the recession shaded in the chart. Prepare a table like the one below that shows the contributions of each component to the change in GDP by quarter Period GDP C H G Net Exports

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=+ 4. How can policymakers infl uence a nations saving rate?

=+ 5. What has happened to the rate of productivity growth over the past 50 years?

=+ c. Suppose that some change in government policy reduces the natural rate of unemployment. Using the graph you drew in part (b), describe how this change affects output both