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QUESTION 1 Chapter 5 (4|) marks) The gross domestic product (GDP) is the most watched of all economic indicators contained in Canada's national accounts. Visit

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QUESTION 1 Chapter 5 (4|) marks) The gross domestic product (GDP) is the most watched of all economic indicators contained in Canada's national accounts. Visit the Statistics Canada website www.statcan.gc.ca. Locate in Canada's Economic Accounts, the summary tables for the economic series mentioned in parts (a) and (b) below; and then answer parts (c), (d), and (e). a) 5 marks] Find tables for gross domestic product Expenditure Based and Income Based annual, (Separately), at market prices for the years 2015 through 2019. Attach the data table at the end of your answers to this question. b) [5 marks]Find the Real Gross Domestic Product (Real GDP), Expenditure-Based, annual, at 2012 chained (constant) prices, for the years 2015 through 2019. Attach the data table at the end of your answers to this question. (You may copy it from Statcan's site and paste it to your Word document) c) [10 marks]What trend do you observe in GDP at market prices (in the data that you found in a)? What trend do you observe in GDP at constant prices (in the data that you found in b)? How and why do the two series differ? Explain your answer. To show the trend, a line graph is best (you can draw it in Word or Excel) Please attach any graphs directly within the question rather than attaching separately at the end)

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