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7.1 Calculate the value of the country's GDE (Gross Domestic (3) Expenditure).7.2 Compute the value for the country's GDP (Gross Domestic Product at market price

7.1 Calculate the value of the country's GDE (Gross Domestic (3) Expenditure).7.2 Compute the value for the country's GDP (Gross Domestic Product at market price (2)7.3 Determine the value of the country's NNI (Net National Income) at market price. (3)7. 4 If it is predicted that the GDP will increase to 22 000 in 2020, calculate the growth rate between 2019 and 2020. (3)7.5 The measure of GDP for economic growth is not always perfect. Describe any two problems that are associated with GDP as a measure of economic growth. (4)

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(1.11 (1.12 in? M Use the table below to answer the questions that follow: {1.11.1 Calculate the ination rate for the year 2018. {1.11.2 Does the inflation rate you calculated aboye fall into the South Africa inflation target? Use the following composition of expenditure for the economy of a country named the Republic of Tapuwa, for the year ended 2019 to answer the questions below: Consumption expenditure {C} Goyernment spending {G} Exports {x} Imports [2} Depreciation Foreign payment to the rest of the world Foreign payment from the rest of the world Show all calculations and formulae. {3} {2}

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