1. The country of Meritor uses the merit as its currency. Recent national income statistics shows that it has GDP of 900

[answerhappygod]

1. The country of Meritor uses the merit as its currency. Recent
national income statistics shows that it has GDP of 900 million
merits, no government transfer payments, taxes of 320 million
merits, a budget surplus of 70 million merits, and investment of
300 million merits. What is the sum of its consumption and
government expenditures?
2. Suppose you build bird houses. One day, you double the
time you spend building and double the wood, nails, paint, and all
the other inputs in order to build twice as many bird houses. What
kind of production function is this?
3.If a country's saving rate increases, what happens in the long
run?