Question: Use the following data to answer the questions below. All figures are in billions. Receipts of factor income 15 Payments of factor income 5.4 Consumption

Use the following data to answer the questions below. All figures

Use the following data to answer the questions below. All figures are in billions. Receipts of factor income 15 Payments of factor income 5.4 Consumption 588 Net Private Domestic Investment 79.2 Rent 33.6 Proprietor's Income 79.2 Net Exports 26.4 Wages and Salaries 535.2 Government Purchases 172.8 Depreciation 64.8 Taxes on Production and Imports 43.2 Corporate Profits 134.4 Interest 31.2 A. Calculate GDP by the expenditures approach. B. Calculate GDP by the income approach. C. Calculate NI. D. Calculate GNP

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