Find data on gdp and percentage gdp for components
Econometrics
Find data on GDP and its components, and compute the percentage of GDP for the following components for 1950, 1980, and the most recent year available.
Do you see any stable relationships in the data? Do you see any trends?
a. Personal consumption expenditures
b. Gross private domestic investment
c. Government purchases
d. Net Exports
e. National Defense purchases
f. State and local purchases
g. Imports