Answer it correctly please. I ll rate with multiple votes. TYPED answer only. Explain well.

Question 1 GDP differs from NNP in that: a. GDP is based on gross exports, while NNP is based on net exports. b. gross investment is used in calculating GDP and net investment is used in calculating NNP. c. Net investment is used in calculating GDP and gross investment is used in calculating NNP. d. GDP includes, but NNP excludes, indirect business taxes. Question 2 Which of the following statements is true? a. Government purchases stthwe largest component of GDP. b. Net exports are equal to exports plus imports. 0. US. imports refer to the physical quantity of foreign-produced goods that are purchased by residents of the United States. d. Government purchases m the spending on goods and services by all levels of government (federal, state, and local). e. none of the above Question 3 What is the proper sequence of the phases of a business cycle? a. peak, recession, recovery, trough, prosperity recovery, trough, peak, prosperity, recession peak, recession, trough, recovery, prosperity peak, recession, trough, prosperity, recovery recession, peak, trough, recovery, prosperity EDP-PP Question 4 A complete cycle of a business cycle can be measured from: a. trough to peak b. peak to peak 0. peak to trough d. all of the above e. none of the above