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QUESTION

1. Calculatea. Nominal GDP, USDbnb. Real GDP, USDbn 2010 prices andc. Unemployment rate, % of labour forcefor the following countries - US, Canada, India, and China for years 2007

1.               Calculate

a.   Nominal GDP, USDbn

b.   Real GDP, USDbn 2010 prices and

c.   Unemployment rate, % of labour force

for the following countries - US, Canada, India, and China for years 2007 to 2019. You can use the link below created by the librarian for this course

2.            Produce two graphs

a.   For Nominal GDP and Real GDP

b.   For unemployment rate

3.               Discuss the trends in three macroeconomic variables (Nominal GDP, Real GDP, and      Unemployment rate) for the given years.

3.               Word limit – maximum  500 words

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