The accompanying chart presents 2020 data from the national-income accounts of the United States.

a. Indicate the various components of GDP when it is derived by the expenditure approach. Calculate GDP using the expenditure approach. 

b. Indicate the various components of GDP when it is derived by the resource cost–income approach. Calculate GDP using the resource cost–income approach.

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COMPONENT Personal Consumption Employee Compensation Rents Gov't Consumption & Investment Imports Depreciation Corporate Profits Interest Income Exports Gross Private Investment Indirect Business Taxes Self-Employment Income Net Income of Foreigners BILLIONS OF DOLLARS $14,562.7 11,420.9 777.9 3,753.0 3,136.1 3,568.2 2,074.6 644.9 2,504.3 3,743.9 1,578.6 1,658.2 -295.5