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From the following data GDP (income approach) $2,900 Consumption expenditure $2,000 Indirect taxes less subsidies $100 Interest, rental, and profit $500 Investment $800 Government expenditure
From the following data
GDP (income approach) $2,900
Consumption expenditure $2,000
Indirect taxes less subsidies $100
Interest, rental, and profit $500
Investment $800
Government expenditure $400
Wages $2,000
Net factor income from abroad $50
Net exports were -$200
Calculate GDPvia expenditure method and Depreciation
Calculate GNP.
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