Principles of Finance week 3.doc FIN100 Week 3 GDP Assignment FIN100: Principles of Fi

Principles of Finance week  3.doc  FIN100  Week 3 GDP Assignment  FIN100: Principles of Finance  B                                         Week 3 GDP Assignment  Question                                                          Your Response (Type your responses to each question below.)  1.   In your own words, what does GDP  stand for? What is it?  GDP stands for gross domestic product, and  it is the total money  of all finished goods and  services produced in a country in a certain period.  2.   Using Google or any other search engine, report the current GDP. The number you are looking for is in trillions of dollars.  21.43  trillion USD  Example: 2.1 Trillion  3.   Using Google or any other search engine, report the current Federal debt in trillions of dollars.  Example: 2.1 trillion  4.   Using Google or any other search engine, report the bottom line of the current (latest) budget approved by Congress in trillions