................. the questions are on the image!! please help

1. Would it be possible for an increase in taxation to decrease the gross domestic product measured in the U.S.? Why or why not? 2. What is the difference between nominal GDP and real GDP? Explain why nominal GDP can be misleading. 3. (a) What is the importance of measuring per capita GDP? (b) How do extemality affect the GDP? 4. What is the underground economy? How does it affect GDP calculations? Provide three examples of underground economy transactions. 5. Using the expenditure approach, calculate GDP using the following data. Item Amount in dollars (billions) Total Consumption 8,000 Consumption of Durable Goods 1,600 Consumption of Non Durable 2,800 Goods Consumption of Services 3,200 Total Investment 2,750 Fixed Investment 1,000 Ivemment purchases of Goods & 2,000 Services Government Transfer Payments 450 Exports 500 Imports 1,000 b