Question 1. Please answer based on the following table: $Billions Depredation 20 Receipts of factor income from the rest of the world 40 Goverment purchases 150 Imports 50 Payments of factor income to the rest of the world 40 Net private domestic investment 160 Personal income taxes 80 Personal consumption expenditures 700 Dividends 10 Exports 70 Amount of national income not going to households (la) The value for GDP is billions of dollars. (3%) (1b) The value for GNP is billions of dollars. (3%) (1c) The value for NNP is billions of dollars. (3%) (1d) The value for national income is billions of dollars. (3%) (le) The value for personal income is billions of dollars. (3%) Question 2. (2a) Please write down the three categories of unemployment. (6%) (2b) Please give an example to each type of the three unemployment categories. (9%) Question 3. (3a) Please name one limitation of the CPI as a fixed-weight indicator. (5%) (3b) For the limitation you discuss at (3a), please be explicit whether it would lead to overestimation or underestimation of the CPI. (5%) Question 4. (4a) Please write down the definition of market. (4%) (4b) If you were an advisor to the prime minister of China, please give him three policy suggestions to maintain or improve the long-run growth in China. (6%) BONUS QUESTION. (This is optional; up to 5% bonus points) Please draw the circular flow diagram, highlight the four key participants in macroeconomy and be explicit about how they interact with each other via the three market arenas in your graph