Assignment:
Go to the following website:
www.bea.gov/index.htm
Based on the information contained on the website above, answer the following questions:
What was Real GDP for 2014? In terms of billions of dollars
How did GDP change from 2013? Difference in dollars
What caused these changes?
What was GNP for 2014?
How did GNP change from 2013?
What caused these changes?
What was National Income (NI) for 2014? In terms of dollars
How did NI change from 2013? Difference in dollars
What caused these changes?
What was Disposable Income (DI) for 2014?
How did DI change from 2013? Difference in dollars
What caused these changes?
What was GDP in 2013 (sometimes called GSP) for New York?