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4. (Table: Economic Data) Based on the data in the table, what is the GDP for this economy, based on the national expenditure approach? Component

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4. (Table: Economic Data) Based on the data in the table, what is the GDP for this economy, based on the national expenditure approach? Component of GDP Amount Consumption $875.5 Investment 415.5 Wages and salaries 794.8 Rent 300.2 Profit 391 Government Purchases 380 Interest 345 Exports 520 Imports 360 5. Suppose in a given year, GDP was $7,242 billion and the GDP chain price index for that year is 117.5. Real GDP is

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