. Write a report in your own words (2 pages, double-spaced), which contains the analysis of the results you received. In this report consider, but do not be limited to the following:

 

.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?

 

.Based on the table, what calculations must you make to determine GNP from GDP?

 

.What is national income (NI)? What does NI measure?

 

Which was higher in this year, GNP or NI? By how much?

 

.What calculations must you make to determine NI from GNP?

 

.NI is composed of a number of categories. What category makes up the largest portion of NI?

 

.What calculations must you make to determine Personal Income from National Income?

 

.What calculations must you make to determine Personal Disposable Income and Personal Savings?

 

Please analyze and discuss the significance of the data that you received for this Data exercise.  

 

.Reflect on what you have learned from this exercise.

 

PRESENTATION OF THE DATA EXERCISE AND USE OF APA CITATION METHODOLOGY (10%) of the project grade):

 

Organization, format, and presentation of paper including the title page, introduction, body, and summary. Begin each section with a subheading; use the subheadings described in the assignment (3% of the project grade).

 

Use of tables, figures, and other graphics to summarize and support analysis presented in the paper. All tables and charts should have the numbering system: “Table 1”, a substantive title, and a reference to the source of the information. (3% of the project grade).

 

Research sources and significance of research information and data, and use of APA citation methodology (4% of the project grade).