1. Using the link below, watch the 2020 Annual Economic Report by the PSA.(Focus mainly on this time frame 4:18 - 18:00).

https://www.youtube.com/watch?v=gE8nuX7n0lU

Questions:

a). Among the 3 major sectors of the economy - Agriculture, Industry, and Services - which of those sectors experience the largest economic contraction on an annual 2020 basis? By how much/many percentage points did such sector contract? How about the sector which experienced the least percentage of economic contraction? By how much/many percentage points? Can you provide an explanation about the data?

b). On an annual 2020 basis, which industries posted the largest contraction in the economy? By how much/many percentage points? How about the industry which experiences the largest growth rate in 2020, what is it? Do the figures make sense? Why or why not.

c.)On an annual 2020 basis, which expenditure items experience double-digit contractions? By how much/percentage points for each? Which expenditure item posted positive growth? Do the figures make sense? Why do you say so?