Download GDP data for Canada from CANSIM: http://www5.statcan.gc.ca/cansim/homeaccueil?lang=eng for at least the last 30 years. Specify data characteristics: quarterly/annually, seasonally adjusted, and what measure of GDP you are using (income based/expenditure based).

Data can be downloaded as a CSV file.

1. Draw a graph (use Excel) to show GDP over time.

2. List and discuss GDP's components.

3. What year did Canada experience its last recession? What about the recession before the last one?

4. What was the period of largest economic growth?