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Effective Training Evaluation Plan

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1. What was the real GDP for 2009?
The real GDP for 2009 is 5.6 percent 2. What does GDP tells us? It tells us the monetary value of all goods and services produced within the country excluding the income from abroad. 3. How did GDP change from 2008? From the 4th quarter GDP of 2008 to the 4th quarter of 2009, the real GDP for 2009 increased to 0.1 percent because the real GDP for 2009 decreased to 1.9 percent 4. What caused these changes? The decrease in the real GDP primarily reflects negative contributions from nonresidential and residential fixed investment, exports, private inventory investment, and personal consumption expenditures (PCE), equipment and software, investments that were partly off-set by a positive contribution from federal government spending 5. What was GNP for 2009? The GNP for 2009 is 14.56 trillion 6. What was the difference between the GDP and GNP? GDP is the Gross Domestic Product that tells us the monetary value produced within the country excluding the income from abroad and GNP, Gross National Product tells us the monetary value of all goods and services produced by a country’s nationals within and out of the country. 7. How did GNP changed from 2008? The GNP for 2008 in the 4th quarter is 14.35 trillion and it increases in 2009 and kept on escalating throughout each year. 8. What was causes these changes? These changes caused by the recession period that started from December, 2007 -2009. 9. What was the National Income (NI) for 2009? It has been pointed out that for faster overall growth in the U.S. over the last several decades and average income that were higher in the U.S. to start and then became proportionately even higher as time went on. 10. What does NI tells us? National income records the level of activity in accounts such as total revenues earned by domestic

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