Related to the Economics in Practice: Where Does eBay Get Counted? In a simple economy, suppose that all income is eithe

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Related To The Economics In Practice Where Does Ebay Get Counted In A Simple Economy Suppose That All Income Is Eithe 1 (22.22 KiB) Viewed 14 times

Related to the Economics in Practice: Where Does eBay Get Counted? In a simple economy, suppose that all income is either compensation of employees or profits. Suppose also that there are no indirect taxes. All data are in billions of dollars. Category Consumption Gross investment Depreciation Profits Exports Compensation of employees Government purchases Direct taxes Saving Imports Value $9,500.00 2,800.00 1,511.00 1,510.50 950.00 12,084.00 2,900.00 1,200.00 2,894.00 1,045.00 Using the expenditure approach, GDP is $ 15,105 billion. (Round your response to two decimal places.) Using the income approach. GDP is $ billion. (Round your response to two decimal places.)