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1. Given the following nominal data, compute GDP. Assume net factor incomes from abroad = 0 (that is, GDP = GNP). GNP=GDP+Net Income from abroad-Net

1. Given the following nominal data, compute GDP. Assume net factor incomes from abroad = 0 (that is, GDP = GNP). GNP=GDP+Net Income from abroad-Net Income outflow to foreign countries. Consumption: 27799.8 Depreciation: 481.6 Exports: 376.2 Gross Private Domestic Investment: 671.0 Indirect Taxes: 331.4 Government Purchases: 869.7 Government transfer payments: 947.8 Imports: 481.7

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