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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 Calculate using the GDP Deflator? 4. Using Google, give an estimate of actual 2022 GDP for China, Japan, Canada and Mexico, and compare it to the U.S. What is your analysis

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