Conduct research for your Final Project.

In this lesson, you will begin to prepare for your final project.

Conduct research for your Final Project.
The focus in this lesson is on Consumption. Consumer spending is a large part of the US GDP.
Research consumer spending in the US.
Class discussion: Discuss how consumer spending levels influence GDP. Examine the drivers of consumer spending in the US.
Assignment: Research and explain Consumption data part of GDP.
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Remember: All writing must be supported by academic literature and will be in APA format during this course. You must cite each sentence in which you used materials from your academic literature. Your work will be checked for academic integrity by the TII system. For a great breakdown of academic literature, please visit: https://www.lib.unb.ca/research/success/understanding.php

Do not use Wikipedia, Ask.com, Articlebase, businessdictionary.com, eHow, smallbusiness.chron.com, slideshare, referenceforbusiness.com, or term paper websites. From time-to-time, the professor may point out other sources that are not reliable academic sources.

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SAMPLE SOLUTION

GDP Consumption data part in the US

Consumption refers to the services and goods used by a household. Consumption is a vital component when calculating Gross Domestic Product (GDP) because it influences GDP greatly. GDP is the total spending by the economy at a certain period. According to Nyangarika and A. M. [u1] (2018), GDP is the economic indicator of the US. There are different types of goods and services that households in the US consume daily, for instance, water, energy, and even personal investment. This paper aims to discuss the consumption data part of GPD in the US. GDP varies from time to time. The change of GPD over the period is determined by the consumption of goods and services in US households’. Enterprises produce and sell goods and services to the household and buy services to the enterprises in return[u2] . According to…

 [u2]Not clear…