write the correct answer please

21 . . . . Net private domestic investment 52.1 Transfer payments 13.9 U.S. imports of goods and services 16.5 0.65 Personal taxes 40.5 points Net foreign factor income 2.2 Personal consumption expenditures 249.1 Statistical discrepancy 0 eBook In References Instructions: Round your answers to 1 decimal place. a. GDP = billion b. NDP = billion C. NI = billion.23 Data for the country of Upper Mongoose are given in the table below. All figures are in billions of dollars. Category Value 0.65 Net exports $50 points Value of new goods and services produced in the underground economy 95 Personal consumption expenditures 400 Value of the services of stay-at-home parents 45 Gross domestic investment 150 eBook Government purchases 100 Total 840 References Instructions: In part a, enter your answer as a whole number. In parts b-c, round your answers to 2 decimal places. a. What is Upper Mongoose's GDP for the year? billion b. What is the size of the underground economy as a percentage of GDP? percent c. By what percentage would GDP be boosted if the value of the services of stay-at-home spouses were included in GDP? Hill" MacBook ProCh 7 Hwk i Saved 16 Connect Problem CP 7-11 (algo) 0.65 Fill in the missing values in the table below. points Instructions: Round your answers to 1 decimal place. Skipped Nominal Gross Real Gross Year Domestic Product | Domestic Product Price Index ($ billions) ($ billions) (Year 0 = 100) eBook 1 15064.4 101.4 2 15120.6 103.5 3 16255.3 15454.7 References 4 15712.2 107.1 5 17493.1 16082.2 6 18136.6 110.220 Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same. 0.65 points Category Value Category Value Personal consumption expenditures $285 Net exports 11 Net foreign factor income 4 Dividends 16 eBook Transfer payments 12 Compensation of employees 263 Rents 14 Taxes on production and imports 18 Statistical discrepancy 8 Undistributed corporate profits 21 References Consumption of fixed capital (depreciation) 27 Personal taxes 26 Social Security contributions 20 Corporate income taxes 19 Interest 13 Corporate profits 56 Proprietors' income 43 Government purchases 82 Personal saving 30 Net private domestic investment 33 Instructions: Enter your answers as whole numbers. a. Using the above data, determine GDP by both the expenditures and the income approaches. Then determine NDP. GDP using the expenditures approach billion. GDP using the income approach = billion. NDP = billion . Mc Education20 GDP using the income approach = billion . NDP = billion. 0.65 points eBook b. Now determine NI in two ways: first, by making the required additions or subtractions from NDP (method 1); and second, by adding up the types of income and taxes that make up NI (method 2). Method 1 = billion . References Method 2 = billion . c. Adjust NI (from part b) as required to obtain PI. PI = billion . d. Adjust PI (from part c) as required to obtain DI. DI = billion . MIC Education17 Imagine that a country produces only three goods: apples, bananas, and carrots. The quantities produced and the prices of the three goods are listed below. 0.65 Goods Quantities points Produced Price Apples 6 $2.00 Bananas 12 1.50 Carrots 22 1.00 Instructions: Round your answers to 2 decimal places. a. What is this country's GDP? $ 53 b. Suppose that a drought hits the country, causing the quantity of apples produced to fall to 3. Assuming that all prices remain constant, what is this country's new level of GDP? $ c. Assume, once again, that the quantities produced and the prices of the three goods are as listed in the table. Given this situation, carrot sellers decide that the price of carrots is too low and agree to raise the price of carrots. If GDP is $80.00, what will be the new price of carrots? $ per carrot Mc Graw Education CBook21 Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions. Category Value Compensation of employees $226.2 0.65 points U.S. exports of goods and services 19.8 Consumption of fixed capital 11.8 Government purchases 59.4 Taxes on production and imports 14.4 Book Net private domestic investment 52.1 Transfer payments 13.9 U.S. imports of goods and services 16.5 References Personal taxes 40.5 Net foreign factor income 2.2 Personal consumption expenditures 249.1 Statistical discrepancy 0 Instructions: Round your answers to 1 decimal place. a. GDP = billion b. NDP = billion MC raw Hill Education