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The table to the right gives national income gures for the country of Econoland. All gures are in dollars. Country of Econoland Item Amount (in

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The table to the right gives national income gures for the country of Econoland. All gures are in dollars. Country of Econoland Item Amount (in dollars) Using the income approach, the value of GDP for Eoonoland is calculated as $17,880. Wages and salaries 151000 Interest income 600 The level of subsidies in Econoland is equal to $ . Personal consumption 111700 (Round your response to the nearest dollar.) Personal saving 3,300 Personal income taxes 100 Business prots 1,395 Government purchases 3,000 Indirect taxes 525 Exports 1,050 Net private investment 2,850 Depreciation 450

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