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A. Use the table below to answer the questions. Rental Income $150 Net Exports (X-M) $36 Net Foreign Factor Income $24 Government Purchases (G) $312

A. Use the table below to answer the questions.

Rental Income

$150

Net Exports (X-M)

$36

Net Foreign Factor Income

$24

Government Purchases (G)

$312

Household Consumption (C)

$608

Transfer Payments

$108

Interest Income

$300

Depreciation

$72

Wages

$134

Gross Private Investment (I)

$248

Business Profits

$400

Indirect Business Taxes

$148

1. Calculate the GDP by using the expenditure approach

2. Calculate the GDP by using the income approach

B. Explain how Covid 19 pandemic impacted the GDP and its components in the UAE during the last two years.

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