Given the following national income accounting data, answer the questions that below. All figures are in billions

Personal consumption expenditures................................................. $120

Government transferpayments...........................................................29

Accrued net income of farmers.............................................................5

Capital consumption allowance(depreciation)........................................20

Interest and miscellaneous investment income.......................................10

Net income of non-farm unincorporated business ...................................12

Exports...........................................................................................15

Corporation profits before taxes...........................................................34

Wages, salaries, and supplementary labour income...............................113

Indirect taxes (lesssubsidies)..............................................................21

Grossinvestment..............................................................................50

Government current purchases of goods and services..............................40

Imports............................................................................................10

Net investment income from non-residents...........................................(-)10

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a)Usingthe above data, determine GDP(expenditure-based)

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b)Usingthe above data, is the balance of trade of this economy positive (+) or negative (-)_______(2marks)

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c)Usingthe above data, determine GNP

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d)Usingthe above data, determine netinvestment

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e)Usingthe above data, is this an expanding economy or a decliningeconomy?_____________________Why?_______________________