#3 i 3 Saved The following table shows national income by the type of income for the hypothetical economy of Highlands. Income Data for Highlands Amount of Income 2 Type of Income (billions of dollars) points Rent Wages Skipped Interest eBook Print References Profits and losses Indirect business taxes Depreciation Net foreign interest income Instructions: Enter your answers as a whole number. a. What is the value of national income for Highlands? $305 793 152 407 71 182 51 billion b. Using the income approach, what is the value of nominal GDP for Highlands? $ billion