Question: This is the question that I just done with test. I just want the exact answer so that I can prepare for upcoming test. Thanks

This is the question that I just done with test. I just want the exact answer so that I can prepare for upcoming test. Thanks in advance.

Y country is a closed economy. Its no government imposes, no direct taxes and make no transfer payment or subsidies.

2011 | 2012 | 2013

Rental Income 350| 730 | 740

Gross Investment 1500 | 2200 | 1800

Depreciation 200 | 250 | 180

Proprietor's income 725 | 730 | 740

Factor income from abroad 200 | 250 | 180

Factor income paid to abroad 100 | 80 | 120

Labour wages 550 | 600 | 650

Nett Interest 850 | 975 | 1000

Consumption 1850 | 2000 | 2150

Corporate profits 1155 | 1025 | 1000

Real gdp 3630 | 3213 | 3069

A. Compute GDP at Market Price for country Y from 2011 untuil 2013. (Is it income approach?)

B. Given the GDP at market price for the year 2011-2013 compute the corresponding GDP at factor cost. Computed in part (a)

C. Average price level is 150 in 2011, calculate the average price level for the year 2011-2013.

D. Compute the government spending for the year 2011-2013

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