Assignment Use Information Textbook Information Found Official Government Website Wwwbeago Q34267664

For this assignment, you should use the information in thetextbook and the information found on the official governmentwebsite: www.bea.gov/index.htm

Based on the information contained in the textbook and on theWeb site above, answer the following questions:

1. What does gross domestic product (GDP) tell us? How did GDPchange from 2008? What caused these changes? What is real GDP? Whatwas real GDP in 2008 and has it changed since 2008?
2. What was national income (NI) for 2008? What does nationalincome tell us? What is the difference between GDP and NI? How hasNI changed since 2008? What caused these changes?
3. What was disposable income (DI) for 2009?
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