Question: Could you please provide the solution to this question? Please draw graphs or tables etc if needed to answer the question and show working out

Could you please provide the solution to this question?

Please draw graphs or tables etc if needed to answer the question and show working out when doing calculations.

Thank you!

Could you please provide the solution to this question?Please draw graphs or

6. Answer all of the following part-questions. (a) GDP measures the market value of all final goods and services produced in an economy over a period of time. What is a "final" good? When is a good not a "final" good? (b) In 2013 the automobile manufacturer Volkswagen AG (VW) opened a plant in Ningbo, China, to manufacture some of its cars. Consider the following argument: Assuming little or no change in population, production from the VW plan increases China's real GDP per capita, which increases China's national income per capita, and thus increases the well-being of the average Chinese person. Critically evaluate this argument. (c) Suppose an economy's observed linear relationship between the change in unemployment and the change in output is given by a coefficient of -0.89 and intercept of 2.68. Suppose the unemployment rate in this economy is 1.5%. What will the unemployment rate be after output increases by 2%? (d) Elon Musk and Jeff Bezos are currently the two wealthiest people in the world. They are called "entrepreneurs" and they earn, through their firms, "entrepreneurial rent" by adopting new and efficient production technologies. Explain why their entrepreneurial rent will not last forever

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