Research the latest GDP report for the United States (start here: https://www.bea.gov/national/index.htm#gdp (Links to an external site.)). In a well-written paper, complete the following:List the four components of GDP.Describe what is measured in each of those components.Describe the relative size of each of the components (in absolute dollars and as a percentage of GDP) for the U.S. economy.Adhere to the following standards:Your paper should be 3-4 pages in length, not including the title or references pages.Include at least 3 scholarly references.The Economics Library Guide (Links to an external site.) is a good tool to use to start your research (sources such as The Balance, EconomicsHelp.org, Investopedia, and other help websites are not acceptable).Review the grading rubric, which can be accessed from the Module 3 folder.Be sure to follow the APA guidelines in the CSU Global Writing Center (Links to an external site.).
Explanation & Answer:
respective economic activities
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