The table below shows a section of the national accounts for a small country in 2012. Answer the question using the information provided in the table. The value of Net Domestic Product is Consumption expenditure 10 500 Verbruiksbesteding Government expenditure Owerheidsbesteding 3 000 Depreciation 500 Depresiasie Exports 1 200 Uitvoer Imports 1 000 Invoer Gross Capital Formation (Investment) 2 200 Bruto kapitaalvorming (investering) R15 900 O R15 700 O R15 200 O R15 400 O R18 400

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A: a)Transfer is not included in expenditire approach.Therefore this would not affect GDP.

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A: Below is the calculation of national income: *National Income = GNP - Depreciation  National Income…

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