1. If in some country personal consumption expenditures in a specific year are $70 billion, purchases of stocks and bonds are $35billion, net exports are -$40 billion, government purchases are $60 billion, sales of second- hand items are $8 billion, and gross investment is $25 billion, what is the country's GDP for the year? What is NDP for year? 3 pts 2. Suppose that in 1984 the total output in a single-good economy was 9,000 buckets of chicken. Also suppose that in 1984 each bucket of chicken was priced at $18. Finally, assume that in 2005 the price per bucket of chicken was $26 and that 22,000 buckets were produced. Determine the GDP price index for 1984, using 2005 as the base year. By what percentage did the price level, as measured by this index, rise between 1984 and 2005? What were the amounts of real GDP in 1984 and 2005? 3pts