disscussion 2

Gross domestic product, income and expenditure, third quarter 2020 1. Which months does the economic quarter noted encompass? Is it real or nominal GDP that is presented? 2. What was the growth rate of real GDP for this quarter? 3. What was the growth rate on an annual basis, and how did you calculate it? 4. What is the largest component of expenditurebased GDP? What was the annualized growth rate for that component? 5. Which expenditure based GDP component had the strongest growth rate? 6. Did net exports increase or decrease? How do you know