Go to the BEA website www.bea.gov. On the left tab underPublications go to the I

Go to the BEA website www.bea.gov. On the left tab underPublications go to the Interactive Data Tables. Select NationalIncome and Product Accounts. From Table 1.1.6 and 1.1.7 examineallfour components of GDP (C I G and Xn).Which ofthesefour components of AD declined the most during the 2007and 2009 recession? Do you think an increase in governmentsspending (G) can boost the Aggregate Demand (AD) in a recession?Analyze why the economy may operate below full-employment GDP inthe short run. How can the multiplier have a negative effect? Whatis the relationship between the multiplier and the marginalpropensities? Explain.