8 Use the following table to calculate GDP in this economy

Last updated: 9/9/2023

8 Use the following table to calculate GDP in this economy Corporate Profits R D Government expenditure Proprietors Income Interest Taxes Net Foreign Factor Income Wages Rents Residential Investment Personal Saving Transfer Payment 400 40 400 50 70 300 30 1000 300 200 250 60 9 Why does GDP underestimate the actual amount of output produced in an economy