1.Consider the following hypothetical information on the National Income and Product Account for Canada. Use it to answer questions 1 - 5.

Table: Canadian National Accounts Data

Category

Billions of dollars

Consumption (personal consumption expenditures)

400

Investment (gross private domestic investment)

150

Government consumption (government expenditures)

80

Exports

210

Imports

60

Foreign income payments to domestic factors

20

Domestic income payments to foreign factors

10

Net unilateral transfers

5

(1) The GDP for the economy provided is .

a. $630

b. $780

c. $840

d. $1025

(2) The GNDI for the economy provided is .

a. $1,000

b. $795

c. $790

d. $550