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QUESTION

GDP vs. Using the database at data.worldbank.

1.    GDP vs. GNI.

Using the database at data.worldbank.org (or any other reliable database, if you prefer), identify a country where there is a significant difference between the gross domestic product (GDP) and gross national income (GNI) calculated in per capita terms. Please, show graphically these 2 indicators (preferably for a period of 5-10 years)! What is your explanation for the trends/difference?

2.    GDP per capita - differences between countries.

Using the database at data.worldbank.org , identify 2 countries that have a common land border, but their GDP per capita (PPP) significantly differs! Please, show the trend of this indicator for these 2 countries using the available data. What is your explanation for the differences between these 2 countries? 

3.    Measures of Inflation.

Inflation can be measured using many different indicators. Your task is to collect and present data on at least 3 different measures of inflation in one country for a period of about 10 years. Please, present your data graphically and provide a brief comment on the differences (if any) in the trends of these indicators!

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