-Using the Data in the Above Table, Gross Domestic Product

$\begin{array}{|l|l|}\hline \text { Item } & \text { Dollars } \\\hline \text { Net interest } & 239 \\\hline \begin{array}{l}\text { Government } \\\text { expenditure } \\\text { on goods and services }\end{array} & 136 \\\hline \begin{array}{l}\text { Compensation of } \\\text { employees }\end{array} & 1,735 \\\hline \text { Rental income } & 37 \\\hline \text { Proprietors' income } & 128 \\\hline \begin{array}{l}\text { Indirect taxes minus } \\\text { subsidies }\end{array} & 259 \\\hline \text { Corporate profits } & 194 \\\hline \begin{array}{l}\text { Exports of goods and } \\\text { services }\end{array} & 249 \\\hline \begin{array}{l}\text { Imports of goods and } \\\text { services }\end{array} & 289 \\\hline \text { Depreciation } & 333 \\\hline\end{array}$
-Using the data in the above table, gross domestic product as calculated by the income approach equals_________ .

A) $2,592
B) $2,205
C) $2,333
D) $2,925

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free