Based on the below table (figures in $billions) Total Consumption expenditures Compensation of employees (Wages & salaries) Gross Private Domestic Investment Services Corporate Profits Net exports Government expenditures Rental income 1) 2) 3) 4) 6,000 5,300 1,100 1000 700 -150 1,000 1,000 Calculate GDP from the expenditure approach (you don't have to use all the items in the table). (8 points) The consumption is made up of 3 items; name them. (3 points) The Gross Private Domestic Investment is made up of 3 items; name them. (3 points) Net exports = Exports - Imports. Why do we deduct imports when we calculate GDP? (2 points)