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Q2. The table below uses data extracted from the finance ministry of Lamnda . Use the data from the table to answer questions that follow.
Q2. The table below uses data extracted from the finance ministry of Lamnda . Use the data from the table to answer questions that follow.
Variable Value/Amount
Transfer payments 50
Interest income 100
Depreciation 70
Wages 60
Gross Private Investment 120
Business Profits 200
Indirect Business Taxes 70
Rental Income 70
Exports 20
Imports 10
Net Foreign Factor Income 0
Government Purchases (G) 150
Household Consumption (C) 300
Using both expenditure and income approach calculate GDP (10)
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