Calculate the gdp using the expenditure and income approach

Reference no: EM13222351

Assume that all income is either employee compensation or profits and there are no indirect taxes. Calculate the GDP using the expenditure and the income approach using the flowing figures:Consumption -5,000 , Investments- 1,000, Depreciation -600 , Profits-900 , Exports-500, Compensation/Wages -5,000, Government Purchases -1000, Direct taxes 800 Saving-1100, Imports- 700, Net Factor Payments - 100, Sales Taxes -200.

Reference no: EM13222351

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