Question: Use the data below to calculate GDP using the expenditure approach. (I intentionally left out some of the income categories so that you must use

Use the data below to calculate GDP using the expenditure approach. (I intentionally left out some of the income categories so that you must use the expenditureapproach). Then calculateNDP, NI,PI, and DI. (All figures are in billions ofdollars):

Consumption of Fixed Capital(Depreciation)

560.6

Corporate Income Taxes

128.2

Dividends

116.3

Exports

486.4

Government Purchases

1064.8

Imports

598.4

Indirect Business Taxes

369.7

Interest

419.6

Net foreign factor income earned in the U.S.

36.2

Gross Private Domestic Investment

878.9

Personal Consumption Expenditure

3998.8

Personal Taxes

509.4

Proprietor's Income

383.3

Rents

39.1

Social Security Contributions

338.2

Transfer Payments

484.4

Undistributed Corporate Profits

152.8

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