Question: Quiz 2 1 Saved The table below shows data on population and expenditures in five countries, as well as the value of home production, the

Quiz 2 1 Saved The table below shows data on population

Quiz 2 1 Saved The table below shows data on population and expenditures in five countries, as well as the value of home production, the underground economy, and environmental externalities in each. Note all figures are expressed in millions of dollars. a. Calculate GDP and GDP per capita in each country. b. Calculate the size of home production, the underground economy, and environmental externalities in each country as a percentage of GDP. 1:29:5 c. Calculate total and per capita "GDP plus" in each country by including the value of home production, the underground economy, and environmental externalities. d. Rank countries by total and per capita GDP, and again by total and per capita "GDP plus." Compare the two lists. Are the biggest and the smallest economies the same or different? Country C (millions) I (millions) G (millions) Net exports (millions) Bohemia $9, 800 $230 $950 $120 Silesia $450 $78 GOT$ $13 Bavaria $2, 125 $319 $597 $134 Saxony $2, 750 $75 $1, 320 $45 Ottoman Empire $6, 225 $567 $1, 435 $1 Population Home production Underground economy Environmental externalities Country (millions) (millions) (millions) (millions Bohemia 1. 200 $1, 250 $5,770 -$1, 560 Silesia 0. 160 $75 $128 -$45 Bavaria 0.425 $386 51, 450 -$523 Saxony 0.760 $146 $250 -$820 Ottoman Empire 3. 80e $432 $654 $396.3 Underground Environmental GDP GDP per Home production economy as a externalities as GDP plus GDP plus per Country (millions) capita as a % of GDP % of GDP a % of GDP (millions capita Instructions: Round your Instructions: Round your answers to the Instructions: Round your answers to one answers to the nearest nearest whole number. decimal place. whole number. Bohemia Silesia Bavaria Saxony Ottoman Empire

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