Discuss all the data about GDP included in the second part of the table.

shall be composed of (Canada economy see chart in attachment:IntroductionThe introduction should mention the purpose of the study and discuss the information collected about the canada in the first part of the table from part 1 of the project. Don’t forget to specify the time period of your information.Analysis of GDP and Its Components Discuss all the data about GDP included in the second part of the table. When discussing GDP and its components, please focus on the trend in these variables during the three-year period. You should also analyze the economic implication of the trend in GDP and its components on the economy of your chosen country. When discussing exports and imports, don’t forget to mention the types of goods and services exported out and imported into the country and the country’s main trading partners. ConclusionBriefly comment on the performance of the economy of your chosen country based on your above economic analysis of data collected. Is the country economically sound or not and why? Work Cited List and appendixUse MLA standards for in-text citations and work cited list. Name of the country: Canada Capital: Ottawa The current population of Canada in 2020 is 37,742,154, a 0.89% increase from (Est 2018) Currency of the country: Canadian Dollar (CAD) Currency exchange rate against the US$ (2020 Est.) 1 USD = 1.39413 CAD 1 CAD = 0.717293 USD Canada unemployment rate for 2018 was 5.92%, a 0.42% decline from 2017. (Est 2018) Canada inflation rate for 2018 was 2.27%, a 0.67% increase from 2017. (Est 2018) Canada GDP per capita (US) $ for 2018 was $46,125, a 2.34% increase from 2017. (Est 2018) The current life expectancy for Canada in 2020 is 82.52 years, a 0.18% increase from 2019. (Est 2020) Name of the country: Canada Capital: Ottawa The current population of Canada in 2020 is 37,742,154, a 0.89% increase from (Est 2018) Currency of the country: Canadian Dollar (CAD) Currency exchange rate against the US$ (2020 Est.) 1 USD = 1.39413 CAD 1 CAD = 0.717293 USD Canada unemployment rate for 2018 was 5.92%, a 0.42% decline from 2017. (Est 2018) Canada inflation rate for 2018 was 2.27%, a 0.67% increase from 2017. (Est 2018) Canada GDP per capita (US) $ for 2018 was $46,125, a 2.34% increase from 2017. (Est 2018) The current life expectancy for Canada in 2020 is 82.52 years, a 0.18% increase from 2019. (Est 2020) Variables/ Year 2016 2017 2018 GDP (in US$) 2016-1.527 Trillion 2017-1.647 Trillion 2018-1.713 Trillion Household final Consumption (% of GDP) 2016- 58.53% 2017- 58.03% 2018-58.04% Gross Capital Formation (in % of GDP) 2016-22.78% 2017-23.57% 2018-23.11% General Government Final Consumption Expenditures (in % of GDP) 2016-21.07% 2017- 20.78% 2018- 20.98% Exports of goods and services (in % of GDP) 2016- 31.53% 2017-31.46% 2018-32.13% Imports of goods and services (in % of GDP) 2016- 33.89% 2017- 33.68% 2018-34.09% GDP annual growth rate (in %) 2016- 1.11% 2017- 2.98% 2018- 1.9% Sources: 1.World Bank, Data Query 2. Macrotrend– Guide to GDP Canada 3. Canada, statistics: Country information 4. The Global Economy: Country Data