go bureau economic analysis web site and look latest new release real gdp address following

Go to the Bureau of Economic Analysis at this Web site, and look up the latest new release for real GDP. Address the following questions after reading the latest release:

  • Where is the United States in the business cycle?
  • What is the real GDP today?
  • What is the largest component of GDP?
  • What is the smallest component of GDP?
  • What is the fastest growing component of GDP, and why?
  • What components of GDP were involved in the change from last month to this month?
  • What is the price index today?
  • What caused the change?