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The table below includes data for a one-year period required to calculate GDP for an economy.

(all figures in $ billion)

Gross investment expenditure         $402

Wages and salaries                  $1741

Consumption expenditure              $1302

Interest and investment income $99

Business profits                $70

Depreciation                         $199

Government purchases                 $486

Net exports                             $94

What is the value of GDP, as calculated from the expenditure side?

Business Economics, Economics

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