)Suppose you are given the following information about the New Zealand economy, with the values in billions of Dollars. What is the GDP of New Zealand?  Personal consumption $680 Private investment $370 Government expenditure $430 Exports $710 Imports $295 b) Discuss 2 transactions that are not included in the calculation of GDP and provide an example for each.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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a)Suppose you are given the following information about the New Zealand economy, with the values in billions of Dollars. What is the GDP of New Zealand? 
Personal consumption $680
Private investment $370
Government expenditure $430
Exports $710
Imports $295
b) Discuss 2 transactions that are not included in the calculation of GDP and provide an example for each.

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