To analyze the GDP. Download and locate GDP data based on the expenditure approach and combine these data into an area graph. This online activity uses data from Statistics Canada free online economic website, https://www.statcan.gc.ca/eng/start

Get the following data series:

1.household final consumption expenditures

2.general governments final consumption expenditure and general governments gross fixed capital formation

3.business gross fixed capital formation

4.net exports of goods and services

5.retrieve data from 1981 - 2019 time series years; geography: Canada (chained 2012 dollars); frequency: annual

Make and present a graph with the above data. Make an extra-large sized graph so it can be read by the instructor.

Questions and discussion: the following questions relate to the final graph you developed above of GDP and its components and the above data.

1,Discuss how any one component changed over time. Also, why Canadians have net exports negative in some years?

2.How many periods of recessions have been in Canada from 1981 - 2019 year? What pattern can be seen from data in business investment before and during recessions?

3.What are the lowest and highest values of the government spending component and what percentage of GDP they represent? What are the values of "household final consumption expenditure" and "business gross fixed capital formation" and their shares in GDP for the years: 1989, 2009, 2019?

4.Calculate the shares of government spending in GDP for every year. What possible explanations are there for any changes in the shares the government spending contributes to GDP in Canada?