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ring the GDP after expenditure approach. (9 marks) . Given the following data for the economy Government purchase of goods and services Consumption Expenditures 80

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ring the GDP after expenditure approach. (9 marks) . Given the following data for the economy Government purchase of goods and services Consumption Expenditures 80 560 Exports 40 Imports 96 Change in inventories -56 Construction of new homes and apartments 120 Sales of exisiting homes and apartments 176 136 Government payments to retirees 72 Business Fixed investment A. Calculate the Investment. (4 marks) B. Calculate the value of GDP. (Show your calculation)

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