1. Use the data below to answer the questions that follow.

(10 marks)

Item	Amount (in billions of dollars)
Consumption expenditure	300
Government expenditure	99
Interest and investment income	31
Profit of corporations and government enterprises	54
Income from farms and unincorporated businesses	40
Gross investment	146
Exports	36
Imports	56
Wages, salaries, and supplementary labour income	275
Capital consumption allowance (depreciation)	50
Indirect taxes, less subsidies	75

1. Calculate net exports.

(1 mark)

1. Use the expenditure approach to calculate GDP.

(2.5 marks)

1. Use the income approach to calculate GDP.

(2.5 marks)

1. Calculate net domestic product (at factor cost).

(2 marks)

1. Calculate net domestic income (at market price).

(2 marks)

1. Consider the circular flow model for Doneville economy. In 2015, flow A was $53.0 billion, flow B was $31.0 billion, flow C was $13.0 billion, and flow E was $3.0 billion.

(10 marks)