CHANGE FRC -12 -16 -20 Investment -24 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 2004 2000 2001 2002 2003 2005 2006 2007 2008 CALENDAR QUARTER Instructions: Enter your responses as a percent rounded to the nearest whole number. What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2005 Q4 and 2007 Q4 of a. Consumer spending? % Investment is more volatile than consumption. b. Investment spending? 1%
CHANGE FRC -12 -16 -20 Investment -24 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 2004 2000 2001 2002 2003 2005 2006 2007 2008 CALENDAR QUARTER Instructions: Enter your responses as a percent rounded to the nearest whole number. What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2005 Q4 and 2007 Q4 of a. Consumer spending? % Investment is more volatile than consumption. b. Investment spending? 1%
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question

Transcribed Image Text:Book
Print
ferences
CHANGE FRC
-12
-16
-20
Investment
JIL
-24
1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 41 234
2004
2000 2001
2002
2003
2005
2006
2007
2008
a. Consumer spending?
%
Instructions: Enter your responses as a percent rounded to the nearest whole number..
What was the range, in absolute value of percentage change, of the variation in quarterly growth rates between 2005 Q4 and 2007
Q4 of
Investment is more
volatile than consumption.
b. Investment spending?
%
CALENDAR QUARTER

Transcribed Image Text:Refer to the figure below:
+16
+12
+8
#
CHANGE FROM PRIOR QUARTER (percent)
0
-4
-8
12
-16
-20
Consumption
Investment
ya da da da daha
PI
Investment is more
volatile than consumption.
-24
1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4 1 2 3 4
2000
2001
2002
2003
2004
2005
2006
2007
2008
CALENDAR QUARTER
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