[1] Expenditures Approach to calculating GDP Consider the following items from a small country's national income and product accounts for the year 2021 (with one exception). The country uses dollars as a monetary unit, All the figures are in millions, and all your answers should be in millions of dollars. (That is, report $10 million as $10, etc.: don't include the six trailing zeros.) You may assume that all the goods and services involved were produced or provided in 2021 (with two exceptions), and that all the spending is by residents of the country, unless otherwise indicated. [a] Spending, by foreigners, for goods and services produced in the country: $50 [b) Spending by firms for plant, equipment and other nonresidential capital goods: $190 [c] Spending, by government agencies, to purchase non-durable goods and services (except labor): $50 [d] Spending, by households, for new homes, apartments, etc.: $40 [e] Spending. by firms, for new homes, apartments, etc.: $20 [f] Spending, by households, for consumer goods and services: $650 [g] Spending, by government agencies, to purchase capital goods: $25 [h] Spending, by domestic agents, for goods and services produced in foreign countries: $100 [i] Spending, by government agencies, on the wages, salaries and benefits of their employees: $100 ] Total inventories of private firms in 2020: $200 [k] Total inventories of private firms in 2021: $175Question 9 5 pts [1-B2] The total value of Gross Private Domestic Investment, in millions of dollars, is [1-C] Government Consumption Expenditures and Gross Investment Question 10 2 pts [1-C1] The item(s) whose sum is the value of this category are O O c and g Ocg and i O c. ghandi Question 11 4 pts [1-C1] The total value of Government Consumption Expenditures and Gross Investment, in millions of dollars, isD [1-D] Net Exports of Goods and Services D Question 12 2 pts [1-D1) The value of this category is O item a O item h O item a plus item h O item a minus item h D Question 13 3 pts [1-D2) The value of Net Exports of Goods and Services, in millions of dollars, is D [1-E) Gross Domestic Product (GDP) D Question 14 7 pts [1-E] The total value of Gross Domestic Product (GDP), in millions of dollars, is Hint: You should get a nice round number