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Question: in the small island nation of carribeau there are three...

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In the small island nation of Carribeau, there are three economic agents. One is a company that does the fishing: second is a restaurant that makes sushi; and lastly there is the government. The fishing company collects 10 tons of fisb million. The restaurant buys 8 tons of fish as noted before and has Ss0 million in revenue from selling sushi. The fish is the only cost and they pay $10 million for wages and $10 million for taxes. The government spends all its tax o the restaurant and 2 tons to customers at $3 million per ton, and pays wages of S10 million and taxes of $5 revenue on wages for its employees. Using the expenditure approach, what is the consumption of C+l+G+NX and what is the total GDP? a. C-$80 million; GDP-$115 million b. C-$56 million; GDP-$95 million c. C-$80 million; GDP-$95 million d. C-$56 million; GDP-$71 million
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