Xr03-35 The gross national product (GNP) is the sum total of the economic output of a the citizens

(nationals) of a country. It is an important measure of the wealth of a country. The following table lists the year and the GNP in billions of current dollars for the United States.

a. Graph the GNP. What have you learned?

b. Use the data in CPI-Annual to compute the per capita GNP in constant 1982–1984 dollars. Graph the results and describe your findings.

Year GNP Year GNP 1980 2822 1995 7444 1981 3160 1996 7870 1982 3290 1997 8356 1983 3572 1998 8811 1984 3967 1999 9381 1985 4244 2000 9989 1986 4478 2001 10338 1987 4754 2002 10691 1988 5124 2003 11211 1989 5508 2004 11959 1990 5835 2005 12736 1991 6022 2006 13471 1992 6371 2007 14193 1993 6699 2008 14583 1994 7109 Source: U.S. Bureau of Economic Activity.