Calculate GDP for an economy that features the following data. Consumption expenditures $600 Exports 75 Government purchases

Question:

Calculate GDP for an economy that features the following data.
Consumption expenditures………………………………… $600
Exports………………………………………………… 75
Government purchases of goods and services………… 200
Construction of new homes and apartments………….. 100
Sales of existing homes and apartments………………… 200
Imports…………………………………………………… 50
Beginning-of-year inventory inventory fixed investment………………………………… 100
Government payments to retirees………………………… 100
Household purchases of durable goods…………………… 150
Stocks
Stocks or shares are generally equity instruments that provide the largest source of raising funds in any public or private listed company's. The instruments are issued on a stock exchange from where a large number of general public who are willing...