Homework: 3rd assignment-- chapters 6 & 7 Question 7, Text Problem 2.1 Part 1 of 2 HW Score: 55%, 16.8 of 30 points Points: 0 of 1 Save n a simple economy, suppose that all income is either compensation of employees or profits. Suppose also that there are no indirect taxes. All data are in billions of dollars. Category Value Consumption $9,000.00 Gross investment 3,000,00 Depreciation 1,511.00 Profits 2,266.50 Exports 900.00 Compensation of employees. 11,332.50 Government purchases 3,200.00 Direct taxes 1,150.00 Saving 3,449.00 Imports 990.00 Using the expenditure approach, GDP is S billion. (Round your response to two decimal places.) Check answer