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Q8 Calculate GDP with Expenditure and Income method from the following data. All figures are in million dollars. 6 marks Expenditure on non-durable goods like food and vegetables 95 Taxes less subsidies on factors of production 75 Exports 94 Profits of corporations and government enterprises before taxes 46 Spending on semi durable goods like clothes 60 Government current purchases of goods and services 113 Capital consumption allowance 65 Expenditure on consumer services like health care and education 80 Govt. Spending on welfare payments and unemployment insurance 209 Net income of farm and unincorporated businesses 24 Wages, salaries, supplementary labour income 371 Net investment 102 Indirect taxes less subsidies on products 11 Interest and investment income 59 Imports 7 Expenditure on household appliances 49 Private transfer payments 80 GDP with Expenditure Method: = GDP with Income Method=