Solved: What is the value of gdp as calculated from the expenditure, Business Economics

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What is the value of gdp as calculated from the expenditure

The table below includes data for a one-year period required to calculate GDP for an economy.

(all figures in $ billion)

Gross investment expenditure $402

Wages and salaries $1741

Consumption expenditure $1302

Interest and investment income $99

Business profits $70

Depreciation $199

Government purchases $486

Net exports $94

What is the value of GDP, as calculated from the expenditure side?

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Business Economics: What is the value of gdp as calculated from the expenditure

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