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course name- business economics.... Calculate the income-based GDP... please provide me full answer l. The table below is the data for an economy (3 Marks):

course name- business economics.... Calculate the income-based GDP... please provide me full answer

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l. The table below is the data for an economy (3 Marks): ITEM Value ($ millions) Wages & Salaries 2,000 Household Final Consumption 1,200 Consumption of Fixed Capital (Depreciation) 50 Gross Fixed Capital Formation 200 Exports 60 Rent 100 Government Final Consumption 250 Imports 50 Corporation Income 600 Interest & Dividends 10 Net Income from Farm Production 300 Show formula and all work. Calculate the Income-based

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