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U.S. Bureau of Economic Analysis. (2024, April). Gross Domestic Product, First Quarter 2024 (Advance Estimate) . https://www.bea.gov/sites/default/files/2024-04/gdp1q24-adv.pdf analysing the firtst quater of 2024, Why was

U.S. Bureau of Economic Analysis. (2024, April). Gross Domestic Product, First Quarter 2024 (Advance Estimate). https://www.bea.gov/sites/default/files/2024-04/gdp1q24-adv.pdf

analysing the firtst quater of 2024, Why was the nominal GDP greater than the real GDP? By how much? What is "Net exports of goods and services"? Why it is negative? 5. In the left part of the table 3 (nominal GDP) find the category "National defense". How much was the National defense for the last quarter? Calculate percentage of National defense out of "Government consumption expenditures and gross investment". Calculate percentage of National defense out of GDP. 6. Please analyze and discuss the significance of the data that you received for this Data exercise.

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