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Refer to table 4. Calculate GDP using expenditure approach. Show your calculation. Table 4 Items Amount (billions of $) Corporate profits $305 Depreciation 479 Gross

Refer to table 4. Calculate GDP using expenditure approach. Show your calculation.

Table 4

Items

Amount (billions of $)

Corporate profits $305
Depreciation 479
Gross private domestic investment 716
Personal taxes 565
Personal saving 120
Government purchases 924
Imports 547
Net interest 337
Compensation of employees 2,648
Rental income 19
Exports 427
Personal consumption expenditures 2,966
Indirect business taxes 370
Contributions for social security (FICA) 394
Transfer payments and other income 967
Proprietors' income 328

dont answer by pen paper and dont use AI bot

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