What goverement agency compiles with the U.S tables? In what U.S. deprtment is located? Of the several specific sources of information name one source for each of the four components of GDP: consumption,investment,government purchases,and net exports
SOLUTION ;-
The Bureau of Economic Analysis (BEA) in the Department
of Cammerce compiles GDP
statistics.
The Census Bureau provides survey data for consumption.
investment, and government
purchases. Consumption figures also come from industry trade
sources as does some
investment data. The U.S. Office of Personnel Management also
provides data on government spending on services.
Net export figures come from the U.S. Customs Service and BEA surveys on service exports and imports.
b. Source for each of the four components of GDP are as follows:
1. Consumption Census Bureau's Retail Trade Survey
2. Investment Census Bureau's Housing Starts & Sates Survey
3. Government Purchases Census Bureau's Survey of
Government Finance
4. Net Exports U.S. Custom's Service
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