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The list below provides some national income figures for country AAA.All figures are in million dollars: Government purchases of goods and services $1,000 Indirect taxes

The list below provides some national income figures for country AAA.All figures are in million dollars:

Government purchases of goods and services$1,000

Indirect taxes175

Personal income taxes200

Wages and employee compensation (including personal income taxes)5,000

subsidies30

Consumption expenditure3900

Exports350

Capital consumption allowance (depreciation)150

Imports390

Investment950

Net interest income200

Business profits before taxes465

Personal saving1,100

a.Calculate the value of GDP using the expenditure approach

b.Calculate the value of GDP using the income approach

c.Calculate the value of net domestic income at factor cost.

d.Suppose that an industry has a total output of 63.8 billion and purchases 49 billion of intermediate inputs. How much is the value added?

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