A 1. whats an easier definition of GDP and its measure?

2. What is final good or service? What are some examples?

3. What is intermediate good? Example?

4. What is not counted?

B 1. what is Consumption Expenditure? What is an example

2. What is an Investment? What is an example.

3. Government Expenditure on Goods and Services.

4. What is Net Exports of Goods and Services.

C Distinguish between nominal GDP and real GDP. How are they calculated