Assignment for Vinben

profilemwwess89

What is Gross Domestic Product?

Go to the following website:
www.bea.gov/index.htm

Based on the information contained on the website above, answer the following questions:

  1. What was Real GDP for 2009?
    1. What does GDP tell us?
    2. How did GDP change from 2008?
    3. What caused these changes?
  2. What was GNP for 2009?
    1. What is the difference between GDP and GNP?
    2. How did GNP change from 2008?
    3. What caused these changes?
  3. What was National Income (NI) for 2009?
    1. What does National Income tell us?
    2. What is the difference between GNP and NI?
    3. How did NI change from 2008?
    4. What caused these changes?
  4. What was Disposable Income (DI) for 2009?
    1. What does Disposable Income consist of?
    2. How did DI change from 2008?
    3. What caused these changes?
  5. What was GDP in 2008 (sometimes called GSP) for your state?

 

Submit your responses in an Microsoft Word document in a short answer/worksheet format.

    • 10 years ago
    • 35
    Answer(6)

    Purchase the answer to view it

    blurred-text
    • attachment
      economics_data.docx

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      assignment_2_what_is_gross_domestic_product.docx

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      gross_domestic_product.docx

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      gdp_gross_domestic_product.docx

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      gross_domestic_product_2.doc

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      what_was_real_gdp_for_2009.docx