Question 2: Consider a simple economy where they only thing being produced are books. Consumers purchased $2000 worth of books, the government bought $100 worth of books from home

and $150 worth of books from abroad, local firms bought $750 worth of books; $200 worth of books were sold to foreigners. The purchases above included $300 worth of books that were held as inventories by local book producers. Calculate each component as well as total GDP using the expenditure approach.