Chapter 22 Websites

Data on total personal consumption expenditures for the United States are provided at the website of the Bureau of Economic Analysis, www.bea.doc.gov. Data on family budgets is contained in Bureau of Labor Statistics, Consumer Expenditures, available at www.bls.gov.

Data and analysis of investment for the U.S. economy are provided by the Bureau of Economic Analysis at www.bea.doc.gov.

Milton Friedman and Franco Modigliani made major contributions to our understanding of the consumption function. Visit the Nobel website at www.nobel.se/economics/laureates to read about the importance of their contributions to macroeconomics.