How to calculate personal savings.
Homework Answers
c. $100 billion
Personal saving = disposable income - consumption expenditure = personal income - personal taxes - consumption expenditure = 9000 - 900 - 8000 = $100 billion
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How to calculate personal savings.
NATIONAL INCOME ACCOUNTS Use the data below to answer questions 1-3:...
only need help on 3 NATIONAL INCOME ACCOUNTS Use the data below to answer questions 1-3:...
only need help on 3
NATIONAL INCOME ACCOUNTS Use the data below to answer questions 1-3: Consumption Expenditures Wages Rent Interest Income Corporate Profits Proprietors' Income Farm Income Personal Income Personal Taxes $8,000 billion $7,000 billion 150 billion S 500 billion S 500 billion $800 billion S 150 billion $9,000 billion $ 900 billion 1. National income (NI) is equal to $7,000 billion $8,200 billion $9,900 billion $9,100 billion b. d. 2. Disposable income (DI) is equal to $7,100 billion...
Millions of $ 150 400 500 250 300 Questions 4-8 Zumba's National Accounts in 2019 Depreciation...
Millions of $ 150 400 500 250 300 Questions 4-8 Zumba's National Accounts in 2019 Depreciation of capital assets Exports Undistributed corporate profits after taxes Government transfer payments to persons Personal income taxes Government expenditures Indirect taxes less subsidies Consumption expenditures Corporate taxes Gross investment Corporate dividends paid to shareholders Imports 900 250 1400 200 600 100 300 4. The net addition to the stock of capital was a) $150 b) $200 c) $450 d) $600 5. Gross Domestic Product...
1. Find GDP 2.Find NDP 3.Find national income 4. Find personal income 5. Find Disposable Income...
1.
Find GDP
2.Find NDP
3.Find national income
4. Find personal income
5. Find Disposable Income
$307 1722 255 320 1810 55 367 203 Consumption of fixed capital Compensation of employees Taxes on production and imports Transfer payments Personal Consumption expenditures Undistributed corporate profits - Statistical discrepancy Exports Corporate profits Rents Corporate income taxes Proprietors' income Social security contributions Net foreign factor income Dividends Government purchases Gross Private Domestic Investment Interest Imports Personal Taxes 33 88 132 148 0 60...
Suppose you are given the following information about some hypothetical economy and its national income accounts....
Suppose you are given the following information about some hypothetical economy and its national income accounts. Use this information to answer the questions that follow (Amounts are in billions of dollars) Indirect Business Taxes $919.0 Corporate Profits $1208.9 Corporate Profits Taxes $469.4 Retained Earnings $330.8 Proprietor’s Income $1038.4 Rental Income $62.1 Net Interests $1171.1 Exports $1685.7 Imports $2380.4 Income Receipts from rest of world $855.6 Income Payments to rest of world $754.9 Net National Product $12380.8 Government expenditures for Goods...
Provided below are national income accounting data of an economy (S billions) for a year. S Billions 22 Personal T...
Provided below are national income accounting data of an economy (S billions) for a year. S Billions 22 Personal Taxes Social Security Contributions Rents Taxes on Production & Imports Corporate Income Taxes Interest 15 18 20 25 22 42 Proprietors Income Transfer Payments Dividends 30 16 Compensation of Employees Exports Undistributed Corporate Profits Government Purchases Net Private Domestic Investment Imports Personal Consunmption Expenditures Consumption of Fixed Capital (Depreciation) Net Foreign Factor Income Personal Saving Corporate Profits Statistical Discrepancy 225 15...
Below is a list of domestic output and national income figures for a certain year. All...
Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same. Value $265 Value 11 16 243 12 14 Category Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption of fixed capital (depreciation) Social...
Below is a list of domestic output and national income figures for a certain year. All...
Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same. Value Value $285 12 Category Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption of fixed capital (depreciation) Social Security contributions Interest Proprietors'...
Problem 7-4 (Algo) Below is a list of domestic output and national income figures for a...
Problem 7-4 (Algo) Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same Category Value Category Value Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption of fixed capital (depreciation) Social Security contributions...
1. (10 marks) The following are some of the national income accounts for the country of...
1. (10 marks) The following are some of the national income accounts for the country of Alder (all figures are in Sbillions): CIndirect taxe I Net investment 160 60 380 100 150 140 100 120 160 40 10 60 50 500 270 140 rnment spending on goods and services Depreciation Personal income tax Transfer payments Personal savings Exports Imports Net foreign factor income Others income not paid out Dividends E-T Corporate profits tax Disposable income Compensation of employees Gross corporate...
only need help on 3
NATIONAL INCOME ACCOUNTS Use the data below to answer questions 1-3: Consumption Expenditures Wages Rent Interest Income Corporate Profits Proprietors' Income Farm Income Personal Income Personal Taxes $8,000 billion $7,000 billion 150 billion S 500 billion S 500 billion $800 billion S 150 billion $9,000 billion $ 900 billion 1. National income (NI) is equal to $7,000 billion $8,200 billion $9,900 billion $9,100 billion b. d. 2. Disposable income (DI) is equal to $7,100 billion...
Millions of $ 150 400 500 250 300 Questions 4-8 Zumba's National Accounts in 2019 Depreciation of capital assets Exports Undistributed corporate profits after taxes Government transfer payments to persons Personal income taxes Government expenditures Indirect taxes less subsidies Consumption expenditures Corporate taxes Gross investment Corporate dividends paid to shareholders Imports 900 250 1400 200 600 100 300 4. The net addition to the stock of capital was a) $150 b) $200 c) $450 d) $600 5. Gross Domestic Product...
1.
Find GDP
2.Find NDP
3.Find national income
4. Find personal income
5. Find Disposable Income
$307 1722 255 320 1810 55 367 203 Consumption of fixed capital Compensation of employees Taxes on production and imports Transfer payments Personal Consumption expenditures Undistributed corporate profits - Statistical discrepancy Exports Corporate profits Rents Corporate income taxes Proprietors' income Social security contributions Net foreign factor income Dividends Government purchases Gross Private Domestic Investment Interest Imports Personal Taxes 33 88 132 148 0 60...
Provided below are national income accounting data of an economy (S billions) for a year. S Billions 22 Personal Taxes Social Security Contributions Rents Taxes on Production & Imports Corporate Income Taxes Interest 15 18 20 25 22 42 Proprietors Income Transfer Payments Dividends 30 16 Compensation of Employees Exports Undistributed Corporate Profits Government Purchases Net Private Domestic Investment Imports Personal Consunmption Expenditures Consumption of Fixed Capital (Depreciation) Net Foreign Factor Income Personal Saving Corporate Profits Statistical Discrepancy 225 15...
Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same. Value $265 Value 11 16 243 12 14 Category Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption of fixed capital (depreciation) Social...
Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same. Value Value $285 12 Category Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption of fixed capital (depreciation) Social Security contributions Interest Proprietors'...
Problem 7-4 (Algo) Below is a list of domestic output and national income figures for a certain year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. The results you obtain with the different methods should be the same Category Value Category Value Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption of fixed capital (depreciation) Social Security contributions...
1. (10 marks) The following are some of the national income accounts for the country of Alder (all figures are in Sbillions): CIndirect taxe I Net investment 160 60 380 100 150 140 100 120 160 40 10 60 50 500 270 140 rnment spending on goods and services Depreciation Personal income tax Transfer payments Personal savings Exports Imports Net foreign factor income Others income not paid out Dividends E-T Corporate profits tax Disposable income Compensation of employees Gross corporate...
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