Please answer 1 and 2 and for there the instructions are found the population in 2015. A. 8.27 B. 107.2 C. 52.2 D. 61.8 E. 17

X Brightspace X erm Exam - Chs. 3-7 - Requires Respondus LockDown Browser Eman Aqeel: Attempt 1 it: 3:15:00 Time Left- 1:58:56 Question 1 (1 point) ~ Saved Listen Use the following, with Year 1 as the base year Year 1 Year 2 Price Quantity Price Quantity $105 Machines 20 $100 22 Rice $5 110 $6 100 $540 Tractors 10 $500 11 Refer to the information above to answer this question. What is the value of real GDP in Year 2? $8,910 $7,500. $605. $8,250 $651. Question 2 (1 point) Saved usten NTR Real GDP Refer to the figure above to answer this question. What is most likely to happen if the level of GDP is Y1 and the government reduces its spending from G1 to Gz in an attempt to balance its budget? GDP would be Y2, and the budget would be in surplus. GDP would be Y2, and the budget would be in deficit. GDP would remain at Y1, but the budget would be in deficit. The budget would be balanced at the new GDP level Yz Question 3 (1 point) Saved ) Listen Year 2015 2016 Nominal GDP (in $billion) |2017 883 1948 Real GDP (in $billion) 748 GDP Deflator (2002 = 100) Population (in billion) 120 126 52.8 Real GDP per Capita 54 14,330 14.890 20152 Refer to the information above to answer this question. What is the population in DELL F5 N Im Tab O