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Compute for GDP. Make a table 2 columns and compute also the percent of total Household Spending is amounted to 85,000,000 Machineries and Equipment is
Compute for GDP. Make a table 2 columns and compute also the percent of total Household Spending is amounted to 85,000,000 Machineries and Equipment is 12,000,500 Government spending is 21,337,000 Exports amounted to 9,200,000 Imports is 15,250,000. 2. The table below shows price and quantities. You are required to compute for Nominal and Real GDP. Base year is 2017. Lastly compute for GDP deflator. Prices and Quantities Year Price of Cooking oil /bottle Quantity of Cooking oil/bottle Price of Chicken per kilo Kilos of chicken 2017 20 500 80 1,000 2018 22.50 1,000 120 1,500 2019 25 1.500 150 2, 000
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