Question: Using the table below, calculate GDP for a particular year Consumption spending Wages and salaries Rent Government purchases Profit Exports Interest Private investment spending wages

Using the table below, calculate GDP for a particular year Consumption spending Wages and salaries Rent Government purchases Profit Exports Interest Private investment spending wages and salaries $2,000, good and services $500, exports $800, rental $100, consumption $3,000, transfer pay $300, investment $600, profit $1,200, imports $600, interest $800, purchase $500. Based on the numbers, GDP in this year was?

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