In the country of Symposia, we have the following information for the year 2019:

*Consumption stood at $1 billion dollars worth of goods and services, 10% of which were produced and initially sold in 2018.

*Labour wage income was $100 million.

*Businesses invested $200 million dollars in new capital (i.e. machinery) stock.

*Businesses also bought $150 million dollars worth of company stocks.

*Foreigners with working visas living in foreign-only households bought $100 million worth of locally made goods and services.

*The government of Symposia bought $200 million worth of new cars for members of parliament to use.

*Citizens of Symposia living overseas bought $100 million worth of Symposia goods.

(i)Calculate and explain how you obtained the figure (i.e. what did you count, and what did you exclude) for Symposia's consumption in 2019

(ii)Calculate and explain how you obtained the figure (i.e. what did you count, and what did you exclude) for Symposia's investment in 2019

(iii)What was Symposia's GDP in 2017? Explain your answer

b.Brazil's real GDP in 2018 (using 2010 constant prices) was USD2,309,659.39 million as opposed to Brunei's USD13,485.22 million. Brazil's real GDP per person using purchasing power parity (2011 figures) in 2018 is USD14,283 as opposed to Brunei's USD71,802 (figures from the World Development Index Database).

Which set of figures would give you a better measure of each country's respective standard of living? Justify your answer.