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Find growth rate of real gdp for quarter

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Reference no: EM132786765

On December 1, 2020, Statistics Canada released 'The Daily- Gross domestic product, income and expenditure, third quarter 2020'. Click on the link below to access this information, and then answer the following questions:

Link: https://www150.statcan.gc.ca/n1/daily-quotidien/201201/dq201201a-eng.htm

-Which months does the economic quarter noted encompass? Is it real or nominal GDP that is presented?

-What was the growth rate of real GDP for this quarter?

-What was the growth rate on an annual basis, and how did you calculate it?

-What is the largest component of expenditure-based GDP? What was the annualized growth rate for that component?

-Which expenditure based GDP component had the strongest growth rate?

-Did net exports increase or decrease? How do you know?

Reference no: EM132786765

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