Please calculate component of gdp

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Suppose in the year 2015, people spent $1000 on durable goods, $600 on non-durable goods, and $400 on services. During the same year, the government paid $800 to soldiers and police officers, spent $400 building missiles and highways, and spent $600 on welfare and Social Security payments. During this year the United States had imports totaling up to $500 while exporting $300 worth of goods and services. Finally, firms spent $600 on machines that will increase their productive capacity and raised the amount of goods and services in their inventories from $300 at the beginning of the year to $700 at the end of the year.

Please calculate each component of GDP (Consumption, Investment, Government Expenditures, and Net Exports) as well as the Total GDP for the year 2015.

Reference no: EM131253740

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