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Please answer 1&2 with work QUESTION 2 While traveling in France, you decide to purchase new fabric for your U.S. tailoring business. This transaction affects

Please answer 1&2 with work

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QUESTION 2 While traveling in France, you decide to purchase new fabric for your U.S. tailoring business. This transaction affects U.S. GDP through which of the following TWO (2) GDP accounts? Consumption Investment Government Purchases Net Exports QUESTION 3 Using the table below, calculate nominal GDP for 2018 Round your answer to two (2) decimal places 2016 2017 2018 Apples $2.74 45 $2.00 52 $1.045 Oranges $1.29 44 $1.74 41 $2. 13

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