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From the following list of domestic output and national income figures for a certainyear calculate GDP with bothincome and expenditure approaches, Figures $billion Persona] consumption

From the following list of domestic output and national income figures for a certainyear calculate GDP with bothincome and expenditure approaches,

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Figures $billion Persona] consumption 255 Proprietors' income 31 expenditures $ Net foreign factor income 6 Net exports 12 Transfer payments 13 Dividends 16 Rents 16 Compensation of employees 225 Consumption of fixed capital 28 Taxes on production and 20 (depreciation) imports Statistical discrepancy 10 Undistributed corporate prots 21 Social Security contributions 20 Corporate income taxes 20 Interest 14 Corporate prots 56 Government purchases 70 Net private domestic 34 investment Personal saving 23 Personal taxes 26

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