Assume That All Income Is Either Employee Compensation Or Profits. Calculate The GDP Using The Expenditure And The Income Approach Using The Following Figures (If Something Is Not Listed You Can Assume That It Is Zero): Consumptions 5000, Investment 1000, Depreciation600, Profits900, Exports 500, Compensation/Wages 5000, Government Purchases 1000, Income
Assume that all income is either employee compensation or profits. Calculate the GDP using the expenditure and the income approach using the following figures (if something is not listed you can assume that it is zero): Consumptions 5000, Investment 1000, Depreciation600, Profits900, Exports 500, Compensation/Wages 5000, Government Purchases 1000, Income Taxes - 800, Saving 1100, Imports700 , Net Factor Payments 100, Sales Taxes 200