Explore BrainMass
Share

Per Capita Real GDP

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

Access the web-site http://www.Economagic.com. Click on "Most Requested Series"

Required

1. Compute Per Capita Real GDP using 4th Quarter data for the period 1991 - 2000. (see Real Gross Domestic Product and Total U.S. Population)

2. Plot Time Series Per Capita Real GDP

© BrainMass Inc. brainmass.com March 21, 2019, 10:27 am ad1c9bdddf
https://brainmass.com/economics/principles-of-mathematical-economics/per-capita-real-gdp-problem-14628

Solution Preview

Time Series Analysis (example question)

Access the web-site http://www.Economagic.com. Click on "Most Requested Series"

Required

1. Compute Per Capita Real GDP using 4th Quarter data for the period 1991 - 2000. (see Real Gross Domestic Product and Total U.S. Population)

2. Plot Time Series Per Capita Real GDP

The data are displayed below:
1) Population

The monthly data for the 4th quarter (months October-December) is tabulated
The average is then calculated to get the quarter value
Series Title: Total Population of the U.S.; Thousands; NSA ...

Solution Summary

The solution computes per Capita Real GDP using 4th Quarter data for the period 1991 - 2000. and plots Time Series Per Capita Real GDP

$2.19