7. Access the Discovering Data exercise for Chapter 7 online to answer the following questions.

a. What was GDP for the Canada last year?

b. Calculate the absolute change in Canadian GDP between last year and the year before.

c. Which component of GDP was the largest last year? Which was the smallest? What is the most recent year in which net exports were positive?

d. What happened to the size of government spending during the 1980s? What factors likely caused the shift?

e. How has each of the four components, as a percent of GDP, changed since the 1980s?