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The following table gives data for a smallcountry, Magnolia: Component Expenditure (in thousands) Social Security payments $260 Depreciation $60 Gross private investment $550 Exports $240

The following table gives data for a smallcountry, Magnolia:

Component

Expenditure

(in thousands)

Social Security payments

$260

Depreciation

$60

Gross private investment

$550

Exports

$240

Imports

$330

Salaries earned by foreigners working in Magnolia

$210

Household consumption

$840

Purchases of raw materials

$310

Government purchases

$780

Capital income

$260

Salaries earned by Magnolian residents working abroad

$240

Using the expendituremethod, the data show thatMagnolia's GDP(in thousands) is $

nothing

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