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Textbook Site for:
Macroeconomics , Fifth Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
Internet Exercises
Consumption Function Data


Download the B-29 spreadsheet file from the Economic Report of the President, 2000. This file contains data on real consumption expenditure and real disposable personal income.

Questions

  1. Use your spreadsheet software to create a graph of the consumption function for these years.
  2. Does your graph resemble the consumption function diagram appearing in chapter 10 of your text? (If not, you may want to check to be sure that the data is entered correctly.)




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