Question: Q2. The table below uses data extracted from the finance ministry of Lamnda . Use the data from the table to answer questions that follow.

Q2. The table below uses data extracted from the finance ministry of Lamnda . Use the data from the table to answer questions that follow.

Variable Value/Amount

Transfer payments 50

Interest income 100

Depreciation 70

Wages 60

Gross Private Investment 120

Business Profits 200

Indirect Business Taxes 70

Rental Income 70

Exports 20

Imports 10

Net Foreign Factor Income 0

Government Purchases (G) 150

Household Consumption (C) 300

Using both expenditure and income approach calculate GDP (10)

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