Question: Need help with this practice question The table below shows the national income accounts for a hypothetical country, Cascadia. Cascadia's National Accounts (2019) ($ billions)

Need help with this practice question

Need help with this practice question The table below shows the national

The table below shows the national income accounts for a hypothetical country, Cascadia. Cascadia's National Accounts (2019) ($ billions) Proprietors' incomes and rents Personal consumption 225 1, 202 Imports 183 Government purchases 624 Exports Net investment 489 Indirect taxes 244 Depreciation Corporate income 320 Wages and salaries 1 , 386 Statistical discrepancy a. What is Cascadia's level of gross investment? 568 billion b. What is the expenditure-based estimate of Cascadia's GDP? 2215 billion c. What is the income-based estimate of GDP? 1931 billion d. What is Cascadia's GDP? 2377 billion e. If Cascadia's population is 60 million, then what is its per capita GDP? Round off the answer to the nearest whole number. 39617 f. If Cascadia's own dollars are each worth US$1.33, then what is Cascadia's per capita GDP in terms of US dollars? Round off the answer to the nearest whole number. GA 52690

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