Use the following information to answer the questions: 2023 Consumption spending 91 Private investment spending 28 Government spending 31 Government investment 3 Export 20 Import 21 Depreciation expenditures 5 Saving 4 Transfer payments 65 Tax receipt 105 Calculate the GDP for 2023. Does the government have a surplus, deficit, or balanced budget? If the budget is in surplus or deficit, how large is it? The Gross Domestic Product (GDP) is calculated as the sum of Consumption spending, Private investment spending, Government spending, Government investment, and Net Exports (Exports - Imports). Given the information: Consumption spending = 91 Private investment spending = 28 Government spending = 31 Government investment = 3 Exports = 20 Imports = 21 We can substitute these values into the GDP formula: GDP = Consumption spending + Private investment spending + Government spending + Government investment + (Exports - Imports) GDP = 91 + 28 + 31 + 3 + (20 - 21) GDP = 153 - 1 Therefore, the GDP for 2023 is 152. Suppose that the economy is current at point B in the figure below