1. Compute for GDP. Make a table 2 columns and compute also the percent of total

Household Spending is amounted to 85,000,000

Machineries and Equipment is 12,000,500

Government spending is 21,337,000

Exports amounted to 9,200,000

Imports is 15,250,000.

2. The table below shows price and quantities. You are required to compute for Nominal and Real GDP. Base year is 2017. Lastly compute for GDP deflator.

	Prices and Quantities
Year	Price of Cooking oil /bottle	Quantity of Cooking oil/bottle	Price of Chicken per kilo	Kilos of chicken
2017	20	500	80	1,000
2018	22.50	1,000	120	1,500
2019	25	1.500	150	2, 000