. Macroeconomics does not try to answer the question of a) why some countries experience rapid economic growth. b) what determine the price in a market. (c) why some countries have high ination rates. ) (d what determine the saving and investment in an economy. . Evaluate whether the following statement is true or false: All elements in nominal GDP are cemputed using their market values. (a) True (b) False . GDP measures all of the following except a the total Spending of every household in an economy. b (c (d the total value of the Current output of an economy. the total income of everyone in an economy. the total expenditure On an economy's current output of nal goods and services. ) ) ) ) . In the calculation of GDP, import is subtracted because a imported goods should be included in the calculation of CPI but not the GDP. ) b) the expenditure on imported goods is included in the other components of GDP. (c) imported goods are included in the GDP of another country. ) (d imperted goods should be included in the calculation of GNP