Consumption expenditure = $150 Change in inventory = $300 Government purchases = $560 Indirect taxes = $275 Exports = $280 Imports = $200 Gross Investment = $400 Calculate GDP. Wages = $45,000 Net foreign factor income = $10,000 Interest = $15,000 Depreciation = $8,000 Indirect business taxes = $28,000 Gross Investment = $9,000 Rents = $23,000 Calculate GDP. QUESTION Macroeconomic expenditures for the country of Restabit are is as follows Durable goods = $40,000, gross investment = $30,000, services = $25,000, imports = $8,000, nondurable goods = $18,000, exports = $12,000, depreciation = $5,000, and government purchases = $40,000 a) Calculate the GDP of Restabit. b) Is the capital stock of Restabit growing or shrinking?The following table describes the prices and goods produced in a country for year 1 and year 2 Year 1 Year 2 Goods Quantity Price Quantity Price Orange 25 ' $1.00 20 ' $1.50 Hamburgers 100 \\ $2.00 100 \\ $5.00 Chocolate 50 $0.50 60 $1.00 Soda 150 $1.00 110 $1.00 a) Calculate nominal GDP for year 1 and year 2. b) Calculate real GDP for year 1 and year 2. Assume base year as year 2. QUESTION The real GDP for the country of Chocoland for a given year is $245 billion and Chocoland's population for the same year is 50 million. Calculate the real GDP per capita for Chocoland.QUESTION The nominal GDP for a country in year 1 was $400 and in year 2 was $700. The real GDP for this same country in year 1 was $737.5 and in year 2 was $700. Calculate the GDP Price Index for this country for year 1 and year 2