Reference no: EM133726445
Task summary: Dear Freelancer, please write: Part 1: 2 pages and 1 xls sheet Part 2: 2 pages and 1 xls sheet. Use at least 4 academic sources for the essays.
Full order description:
Part 1: a) Create the table that contains the following information for the most recent quarter where data required for this exercise is available. Please note that using the data for previous years and/or previous estimates will produce grade zero for this part of the project.
b) Calculate the percentage (the proportion) of each category in nominal GDP and in real GDP.
2. Write a report which contains an analysis of the results you received.
Part 2:
Question 1. Create the table that contains the following information for the most recent quarter where data required for this exercise is available.
Question 2. Write a report in your own words , which contains the analysis of the results you received. In this report consider, but do not be limited to the following:
1. What is the difference between gross domestic product (GDP) and gross national product (GNP)? What is the difference in what GDP measures compared to GNP?
2. Based on the table, what calculations must you make to determine GNP from GDP?3. What is national income (NI)? What does NI measure?
4. Which was higher in this year, GNP or NI? By how much?
5. What calculations must you make to determine NI from GNP?
6. NI is composed of a number of categories. What category makes up the largest portion of NI?