Answer the questions using resources from this articl and tell me does gdp tell the right story using resources from this paper

GDP Mini-Q Document B Source: Chart compiled from data from the International Monetary Fund World Economic Outlook, 2015 Note: The chart below includes GDP data in terms of purchasing power parity (PPP) from 10 nations The most accurate way to compare GDP across countries is to calculate how much someone can' purchase with the currency in each country. Economists create a hypothetical "basket of goods" made up of everyday items, like food and clothing and services, like haircuts and oil changes. Then they compare how much that "basket of goods" would cost in the US in dollars with how much it would cost in a country like China in yuan. This calculation results in GDP adjusted for PPP. EV GDP for 10 Selected Nations in Billions of Dollars (Calculated in PPP; dollars current to the given year, not adjusted for inflation) Country (2015 rank) 1980 2000 2015 China (1) $298 $3,608 $19,524 United States (2) $2,862 $10,285 $17,947 India (3) $386 $2, 101 $7,983 Germany (5) $867 $2,429 $3,848 Brazil (7) $572 $1,585 $3, 192 Mexico (11) $389 $1,211 $2, 194 South Korea (13) $83 $773 $1,749 Egypt (22) $86 $406 $997 Qatar (47) $18 $53 $321 Norway (48) $61 $209 $319 Document Analysis 1. This chart uses GDP data that is listed in terms of purchasing power parity (PPP). Why would economists use PPP when giving GDP data? 2. This chart does not adjust for inflation over time by reporting "real GDP" numbers. Why does that exaggerate the growth in GDP that these nations show in the document? 3. According to the chart, which nation has the highest GDP in each of the three years shown? In each instance, record the GDP adjusted for PPP. (Be careful with your zeroes.) 4. How does this document help answer the question, "Does GDP tell the right story?" 15 Teachers may photocopy this page for their own classrooms. @ 2017 The DBQ Project Digital reproduction and posting outside of DBQ Online is prohibited