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Calculate GDP using the Expenditures Approach. Consumption expenditures $1,260 ll $210 Government spending $420 Inventories Services $500 Investment expenditures $320 Population: 360 million Workingage population:

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Calculate GDP using the Expenditures Approach. Consumption expenditures $1,260 ll $210 Government spending $420 Inventories Services $500 Investment expenditures $320 Population: 360 million Workingage population: 300 million Labor Force: 200 million Number of people Unemployed: 8 million The employment-population ratio for this economy is %, and the unemployment rate for this economy is %

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