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Please answer the following questions: 1. List the components of GDP in the output (expenditures) approach. 2. Please calculate the growth rate based on the

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Please answer the following questions: 1. List the components of GDP in the output (expenditures) approach. 2. Please calculate the growth rate based on the following information: U.S. GDP 2023 = 19.1 trillion dollars U.S. GDP 2022 = 18.8 trillion dollars U.S. GDP 2021 = 18.5 trillion dollars What is the growth rate between 2022 and 2023? What is the growth rate between 2021 and 2023? 3. Using the chart below, calculate the following: Table of GDP Deflator Net Year Consumer Government Investment Exports Quantity Price Quantity Price Quantity Price Quantity Price -3 2019 50 billion $20 24 billion $10 10 billion $25 $1 billion -5 2020 65 billion $20 28 billion $15 14 billion $20 $1 billion

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