1. Use the table above to compute for the GDP using the different approaches: a. Expenditure...

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1. Use the table above to compute for the GDP using the different approaches: a. Expenditure Approach (5 points) b. Gross Value-Added Approach (5 points) 2. Compute for the GDP per capita (3 points) 3. What is the value of the statistical discrepancy? (2 points) GDP AND UNEMPLOYMENT ITEMS Employed people, in thousands Exports, in thousands Government Final Consumption Expenditure, in thousands Household Final Consumption Expenditure, in thousands Imports, in thousands Population, 15 years old and over not included in the labor force, in thousands Population, 15 years old and over, in thousands Population, in thousands Private Firm Investments, in thousands Value added of agriculture, fishery and forestry sector, in thousands Value added of industry sector, in thousands Value added of services sector, in thousands VALUES 75,400 691,950 307,533 461,300 538,183 22,145 122,450 142,340 615,067 230,982 459,383 847,302 1. Use the table above to compute for the GDP using the different approaches: a. Expenditure Approach (5 points) b. Gross Value-Added Approach (5 points) 2. Compute for the GDP per capita (3 points) 3. What is the value of the statistical discrepancy? (2 points) GDP AND UNEMPLOYMENT ITEMS Employed people, in thousands Exports, in thousands Government Final Consumption Expenditure, in thousands Household Final Consumption Expenditure, in thousands Imports, in thousands Population, 15 years old and over not included in the labor force, in thousands Population, 15 years old and over, in thousands Population, in thousands Private Firm Investments, in thousands Value added of agriculture, fishery and forestry sector, in thousands Value added of industry sector, in thousands Value added of services sector, in thousands VALUES 75,400 691,950 307,533 461,300 538,183 22,145 122,450 142,340 615,067 230,982 459,383 847,302