la} \"3} Statement 1: "Full employment is at which there is no unemployment in the labour market.\" Statement 2: "Even though an economy reaches the full employment level, unemployment rate is still positive." How can you reconcile these two statements? {3 marks} You are provided with the following data of a closed economy: The Gross Domestic Product is $3,501] million, consumption $53,211! million, and government expenditure is $1,900 million. If the government has a budget surplus of $1,250 million, calculate the values of investment, taxes, private saving, and national saving. Show your workings. {12 marks)