Suppose the following data was reported for the economy of Maryhill in 2014. Other factor incomes $570
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Question:
Suppose the following data was reported for the economy of Maryhill in 2014.
Other factor incomes $570
Indirect taxes 230
Depreciation 250
Wages, salaries, and supplementary labour income 1,350
Consumption expenditure 1,400
Government expenditure on goods and services 500
Government transfer payments 50
Net exports 40
Subsidies 0
Statistical discrepancy 0
What was the gross domestic product of Maryhill in 2014?
GDP:Y=C+I+G+(NET EXPORTS)
need help putting the numbers in the equation and provide explanation
thanks
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