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The information in the table below shows the national accounts figures for South Africa between 2015 and 2016

Economics Oct 31, 2020

The information in the table below shows the national accounts figures for South Africa between 2015 and 2016. Use the information to answer the questions that follow: Component 2015 2016 (R millions) (R millions) 1 853 657 1 864 436 614 957 628 434 Final consumption expenditure by households Final consumption expenditure by general government Gross capital formation Exports of goods and services Imports of goods and services Primary income from the rest of the world Primary income to the rest of the world Consumption of fixed capital Source: SARB and Examiner 655 457 909 345 966 025 98 016 198 382 433 604 602 458 912 546 928 730 87 773 208 243 445 724 1.1 Calculate gross domestic product (GDP) for 2015 and 2016. (4)

 

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