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Next, briefly explain the reason(s) why Physical Capital Depreciation, Home Production, the Underground Economy and Externalities are not measure by GDP; Then, calculate nominal GDP,

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Next, briefly explain the reason(s) why Physical Capital Depreciation, Home Production, the Underground Economy and Externalities are not measure by GDP; Then, calculate nominal GDP, real GDP and the GDP deflator in the following fiscal years and briefly explain the differences in the use of each type of GDP and the GDP deflator in explaining an economic condition: Tesla Maserati Quantity Price Quantity Price Nominal Real GDP GDP GDP Deflator (2019) 2018 17 $85,000 69 $70,000 2019 53 $92,000 20 $87,000 Lastly, briefly explain how national income is used to measure economic activity and the reason(s) why GDP is a measure of an economy's production, not the increase in its well-being. In doing so, be certain to provide in your answer one example of a contemporary macroeconomic issue that illustrates this condition

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