Question: Use the following data to answer the questions below. Items Dollar Net Investment 110 Depreciation 30 Exports 50 Imports 30 Government purchases 150 Consumption 400

Use the following data to answer the questions below.

Items Dollar

Net Investment 110

Depreciation 30

Exports 50

Imports 30

Government purchases 150

Consumption 400

Indirect business taxes 35

Income earned but not received 60

Income received but not earned 70

Personal income taxes 50

Employee compensation 455

Corporate profits 60

Rental income 20

Net interest 30

Proprietor's income 40

Net earnings of US resources abroad 40

i.Calculate GDP using the income and expenditure methods

ii.Calculate net domestic product

iii.Calculate national income

iv.Calculate personal income.Calculate disposable income.

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