Please place your bids. 1. https://www.bea.gov/data/gdp/gross-domestic-product Control / Click on the above (bea.gov/data) link OR copy and paste it in to your browser, Scroll down. Click on: Interactive data, GDP and National Income and Product Accounts (NIPA) Historical Tables, Begin Using the Data, Any section, like section 1 – Domestic Product and Income, Try any table; e.g. Table 1.1.1 Percent Change From Preceding Period in RGDP, On Top Right, click on Modify. Then change: 2. The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession? Hint: contrast the performance of the unemployment rate and the level of real GDP during the period from 2001 through 2003. To enhance your analysis, the 2008 recession along with economic impact of 2020 pandemic should also be discussed. Limit your response to 16 lines plus graphs. 3. Use graphs to determine the stage of the business cycle that the U.S. is currently experiencing. . Limit your response to 12 lines plus graphs In addition, you can use graphs to illustrate and strengthen your analysis. Apply your learning of employment (GDP) and inflation in principles of macroeconomics class to analyze the state of the US economy. Also, discuss how it did in recent years and where it is headed in future.
