Hk questions

Exercise:

1. Calculate GDP. You may calculate GDP either from the expenditure side or income side of the accounts. 2. Calculate Net National Product. You may assume that GDP = GNP.

Government purchases of goods and services 3,200 Consumption 11,500 Compensation of employees 9,100 Business investment 1,500 Residential investment 500 Corporate profits 3,500 Rent 300 Interest 1,000 Proprietors income 200 Change in business inventories -100 Government transfer payments 1,800 Exports 1,500 Imports 2,000 Depreciation 2,000 Statistical discrepancy 0

Exercise

Visit the site bea.gov

1. What was the growth rate of real GDP in the fourth quarter of 2022? 2. Calculate consumption as a percentage of GDP in 2022. To do this, you will need some detailed information. After clicking on Gross Domestic Product on the BEA home page, click on related materials and then full release and tables. The relevant information can be found in table 3. 3. The BEA publishes its first GDP estimates about six weeks after the quarter has ended. As such, estimates for GDP in the fourth quarter are not yet available. However, the Atlanta Federal Reserve bank publishes an estimate of fourth quarter GDP growth known as gpd now. What is the gdp now estimate of real GDP growth in the first quarter of 2023?

This is the webside, but I do not know how to do this.

https://www.bea.gov/data/gdp/gross-domestic-product