Use the following list of GDP components and data (given in millions of $U.S.) to answer the following questions.
Corporate profits | 1,300 | Vkg6Ff19M08= |
Gross private domestic investment | 2,800 | 6eH6z9Q7GCA= |
Consumption of nondurable goods | 3,100 | 6eH6z9Q7GCA= |
Exports | 1,400 | 6eH6z9Q7GCA= |
Proprietors' income | 1,000 | Vkg6Ff19M08= |
Miscellaneous adjustments | 700 | Vkg6Ff19M08= |
Consumption of services | 4,300 | 6eH6z9Q7GCA= |
Net interest | 500 | Vkg6Ff19M08= |
Compensation of employees | 8,000 | Vkg6Ff19M08= |
Imports | 1,900 | 6eH6z9Q7GCA= |
Rental income | 400 | Vkg6Ff19M08= |
Government spending | 2,100 | 6eH6z9Q7GCA= |
Consumption of durable goods | 1,300 | 6eH6z9Q7GCA= |
Consumption of fixed capital | 1,400 | Vkg6Ff19M08= |
Corporate profits | 1,300 |
Gross private domestic investment | 2,800 |
Consumption of nondurable goods | 3,100 |
Exports | 1,400 |
Proprietors' income | 1,000 |
Miscellaneous adjustments | 700 |
Consumption of services | 4,300 |
Net interest | 500 |
Compensation of employees | 8,000 |
Imports | 1,900 |
Rental income | 400 |
Government spending | 2,100 |
Consumption of durable goods | 1,300 |
Consumption of fixed capital | 1,400 |
GDP using the expenditure approach is $iryREOu7HO38ua02 million, and it is $KVhIOCBAj9WrKtfx million using the income approach. The difference is due to QYJaC6DfMWZle9bMcRYDnEt+Kmd06IArMkLAtw==
Corporate profits | 1,300 |
Gross private domestic investment | 2,800 |
Consumption of nondurable goods | 3,100 |
Exports | 1,400 |
Proprietors' income | 1,000 |
Miscellaneous adjustments | 700 |
Consumption of services | 4,300 |
Net interest | 500 |
Compensation of employees | 8,000 |
Imports | 1,900 |
Rental income | 400 |
Government spending | 2,100 |
Consumption of durable goods | 1,300 |
Consumption of fixed capital | 1,400 |
National income equals $rn5Ndj2L3b4daXi1 million. The category (categories) of LkYO8BL3NzJwY9vi3NJqgUWVaaa8dSFX8Y3UOe90kfPRjjvfJMcI73CK4QSha8/mHlM4vX6xkFdT4sQc is (are) not included in the calculation of national income.