Question: The table below includes data for a one-year period required to calculate GDP from the expenditure side for a teeny-tiny economy. Gross investment expenditure $402.00

The table below includes data for a one-year period required to calculate GDP from the expenditure side for a teeny-tiny economy.

Gross investment expenditure$402.00
Wages and salaries$1741.00
Consumption expenditure$1302.40
Interest and investment income$99.40
Business profits$70.40
Depreciation$199.20
Government purchases$486.80
Net exports$94.00

TABLE 20-1

Refer to Table 20-1. What is the value of GDP, as calculated from the expenditure table?

Select one:

A.$1986.00

B.$2584.40

C.$2285.20

D.$1982.60

E.$2010.00




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