The following transactions took place in Ecoland in 2019: Trillions of 2015 dollars Government purchases 125 Тахes 140 Firms' profits 125 Investment 175 Consumption expenditure 300 Wages paid to labor 450 Exports 200 Government transfer payments 60 Imports 175 (a) Calculate Ecoland's real GDP, i.e., GDP measured in 2015 dollars. (b) How much do households save in Ecoland? Is it enough to finance domestic investment? (c) Does the government have a balanced budget? If not, what is the surplus or deficit?

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