1. Calculate GDP, NDP, NI, PI, and DI from the following information. All numbers are in billions of dollars.

Wages $ 26,500

Consumption Expenditures $36,000

Government Expenditures $18,500

Imports $20,330

Exports $18,580

Property Taxes $16,000

Sales Taxes $9,715

Retained earnings $1,310

Personal Income Taxes $2,200

Private Investment Expenditures $15,650

Interest Income $1,940

Pay Roll taxes $1,300

Transfer Payments $880

Depreciations $1,300

Net Income Made Abroad by Americans $160

Indirect Business taxes $2,520

Corporate Income Taxes $320

2. Calculate labor force participation rate in an economy with an adult population of 100, 50 of whom hold jobs, 10 of whom are looking for work, and 15 of whom are retired.

3. Calculate a) labor force, b) labor force participation rate, and c) unemployment rate if the population of a country is 380 million people out which 92 million are under the age of 16, 58 million don't want to work and 20 million are looking for work.