Question 2 The table below shows the calculation of national income for country Z. Items Wages and salaries RM (million) 400 Wholesale and retail 200 Income from rent, dividend and interest 150 Profit 250 Transfer payment 50 Construction 100 Corporate tax 60 Capital Consumption Banking and insurance Mining and gas Private Investment Personal Income Tax Employees Provident Fund Net factor income abroad 40 400 100 900 10 60 700 Based on the data given above: a) Calculate the value of GDP using income the approach.

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