PRINCE JOHNORICHASUMMER SEMESTER, 2017ECON 8860 — ECONOMICSOF GLOBAL FINANCE1
1. Obtain data from the Bureau of Economic Analysis (BEA) , on the U.S. balanceof payments (BOP) tables. Go to interactive tables to obtain annualdata for 2014 (Beware: thedefault setting is for quarterly data). Using the BOP data, compute the following for the UnitedStates:Gross National Expenditures (GNE = C + I + G)Gross Domestic Product (GDP = C + I + G + TB)National Income Identity (NII = C + I + G + CA)Show that the current account + financial account + capital account equals zero (CA + FA + KA =0).Please display these data in an attractive, well-documented table in an MS-Word documenta.