INSTRUCTIONS: The TMA consists of six questions and it worth 20% of the total grade assigned to the course. It will be graded out of 100 marks divided amongst the eight questions. In your answers, please be sure to show all your calculations and to submit copies of

INSTRUCTIONS: The TMA consists of six questions and it worth 20% of the total grade assigned to the course. It will be graded out of 100 marks divided amongst the eight questions. In your answers, please be sure to show all your calculations and to submit copies of your output when asked to use MS Excel or any other software/source. Question 1: (15 points) The table below shows some statistics for some of the EU countries: gross national product (GDP) per capita (measured in the purchasing power …

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