If you answer me please don't forget question 2 subject :Macroeconomics 1: Write out the equation for GDP, using both th

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If you answer me please don't forget question
2
subject :Macroeconomics
1: Write out the equation for GDP, using both the words and the
letters we learned in class to denote the various components, and
including the letter used for GDP. Briefly explain them.
2: Suppose you are given the following information about a
closed economy: Real GDP is 400,000, Consumer spending is 375,000,
Government spending is 50,000. What is the tax rate in this
economy? How much was the fiscal deficit? Does this country seem
like a developing or advanced economy? Explain.