1. What was the level of Real GDP in Quarter 3 2020 (Q3 2020) in billions of dollars? ...............

2. What was the level of Real GNP in Q3 2020 in billions of dollars? ............................

3. To generate the Real GNP figure in Q3 2020, what item and amount (in billion dollars) was added to Real GDP Q3 2020?.....................................

4. To generate the Real GNP in Q3 2020, what item and amount was subtracted from Real GDP Q3 2020? ..........................................

Real Gross Domestic Product by Industry, Manufacturing Consult FRED at https://fred.stlouisfed.org/series/USMANRQGSP and answer the following questions:

1. The pandemic-induced 2020 recession in the U.S. caused a significant drop in manufacturing production. Per the data on the FRED graph, by how much, in percentage terms, did manufacturing production contract from Q1 2020 to Q2 2020? ...............................2. Manufacturing production presented a strong recovery in Q3 2020. Was the level of manufacturing production in Q3 2020 above or below the Q1 2020 level? Show both amounts. ......................................................