In this question you will study the official macroeconomic statistics reported in your country. These can be found by searching the web for “National Accounts” and your country’s name. In the United States, these can be found at http://www.bea.gov and by accessing the National Income and Product Account.

a. Using annual data, compute GDP, GNE, and GNDI in the most recent year.

b. Was your country’s GDP higher or lower than its GNE in the past year? Interpret this finding.

c. Was your country’s GNI higher or lower than its GDP? Interpret this finding.

d. Was your country a net giver or receiver of unilateral transfers?