QUESTION 7 An Economy is composed of a Producer of Apples, a Producer of Bananas, a Grocery Store, Consumers, and the Government. Producers of Apples sell everything to the grocery store, while producers of banana sell some of their output to the grocery store, and some directly to consumers. Producers of apples and bananas also have some loans, which they owe to consumers, and pay some interest on them. The government collects taxes and spends them on miliary personnel, which appear as wages. The following tables contain the relevant data for all of them to calculate GDP, except for consumers: Apples Producers Total Revenues 100 Wages 10 Interest on Loan 5 Taxes 10 Bananas Producers Total Revenues 200 Wages 15 Interest on Loan 8 Taxes 20 Grocery Store Cost of Apples 100 Cost of Bananas 50 Wages 40 Taxes 10 Revevenues 200 Government Taxes 50 Wages 50 What are the Grocery Store's Profits? QUESTION & Copy of An Economy is composed of a Producer of Apples, a Producer of Bananas, a Grocery Store, Consumers, and the Government. Producers of Apples sell everything to the grocery store, while producers of banana sell some of their output to the grocery store, and some directly to consumers. Producers of apples and bananas also have some oans, which they owe to consumers, and pay some interest on them. The government collects taxes and spends them on miliary personnel, which appear as wages. The following tables contain the relevant data for all of them to calculate GDP, except for consumers: Apples Producers Total Revenues 100 Wages 10 Interest on Loan 5 Taxes 10 Bananas Producers Total Revenues 200 Wages 15 Interest on Loan 8 Taxes 20 Grocery Store Cost of Apples 100 Cost of Bananas 50 Wages 40 Taxes 10 Revevenues 200 Government Taxes 50 Wages 50 Assume that the consumers spend all their income. What is GDP