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Word Count: 706
There are two elements that are presented in the data series The red marked line is representing the Gross Domestic Product on current prices which shows the total goods and services that are produced in a certain periods The blue marked line is representing the Residential structure are often refers to the investment in residential construction The expenditure on residential housing as one of the three investments it is a very important variable in any macroeconomic model The residential structure tends to lead the business cycle because it reacts strongly to changes in employment rate real interest rate inflation and consumer confidence Statistics Canada 2008The marked line graph shows the fluctuations from 1989 to 2010 for GDP at the market prices business gross fixed capital formation and residential structures This graph displayed directly from the data in E-Stat site gives the comparison of the gross domestic product with the residential structure The second graph also displayed from the same data but presented in percentage changesFrom looking at the table and the graphs it is really clear that both GDP and the residential structure were keep raised in the last two decades On the graph GDP seems more significantly raised the residential structure is more solid from year to year However this does not mean buildings did not increase their price as fast as GDP because the residential structure is presented as a component of gross domestic product The two lines increases in an exponential pattern from 1989 to 2008 However at 2000 the graph shows a peak which shows a booming session in the economics at 2009 the graph shows a trough which shows the economic was declining at the period Again look at the graph for the percentage changes from year to year The residential structures fluctuated almost violently compare to GDP this shows that the residential structure reacts more quickly to the economic changesThe business cycle is made of booms and bursts
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