MEASURING DUTP to exit full screen This question examines the expenditures approach to calculating GDP. You will use data on different macroeconomic expenditures to calculate the value of nominal GDP, and its four components, in a particular year. Below, you are provided data on macroeconomic expenditures last year in Asattaland: Durable Goods: $25 Imports: 56 Gross Investment: $23 Services: $20 Nondurable Goods: $18 Depreciation: $8 Exports: $11 Government Purchases: $3 5 Task 1: Calculate the value of consumption in the economy of Asaaland (Durables, non-durables and services] Task 2: Calculate the value of net investment in the economy ofAsartaland: [Gross investments less depreciation] Task 3: Calculate the value of government purchases in the economy of Asartalancl: Task 4: Calculate the value of net exports in the economy ofAsartaland, (Exports , Imports] Task 5: Following the expenditures approach, calculate the value ofnominal GDP of Asartaland. (Consumption + Gross Investment + Governement purchases + Exports , Imports] ECONOMIC GROWTH Page