1.The national income statistics of Ghana for a given year revealed that consumption expenditures in that year was $60 billion , imports amounted to $30 billion, exports amounted to $29 billion, purchases of stocks and bonds are $28 billion, government Spending stood at $25 billion, government transfer payments are $8 billion, and gross private investments amounted to $45 billion. Calculate Ghana's GDP for that year. 2.Residents of Some Ghanaian cities have recently become concerned about the growing Proportion of their local real estate that is being bought up by foreign residents. Give effect of this transfer of ownership on Ghanaian GDP and GNP. 3. Suppose a country hs many of its citizens temporarily working in other countries, and many of its firms have facilities in other countries. Further, suppose relatively few citizens of foreign countries are working in this country, and relatively few foreign firms have facilities in this country. In these circumstances, which would you expect To be larger for this country, GDP or GNP? Briefly explain. 4. When measuring the annual change in GDP. would the change in real GDP or, the change in nominal GDP be more useful in gauging whether the country was successful in meeting the goal of economic growth