Homework Answers
The five components of GDP from the table that together sum to national income are Investment, exports, imports, government purchases, and Consumption. ( Expenditure approach)
Personal income = Disposable income + Personal taxes
= 525 + 110
= 635
National income = Personal income + social insurance taxes + corporate profit taxes + undistributed corporate profits - transfer payments
National income= 635 + 5 +4 + 6 - 50
= 600
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Billions of Dollars 80 45 40 15 160 375 35 Investment Capital consumption allowance (depreciation) Exports...
refer to the accompanying national income statistics (in billions and dollars ) national income is ???...
refer to the accompanying national income statistics (in
billions and dollars ) national income is ???
Net Foreign Factor Income Corporate Profits Gross Private Domestic Investment Proprietors' Income Dividends Consumption of Fixed Capital Social Security Contributions US Exports Government Purchases Personal Consumption Expenditures Transfer Payments Imports of the US Personal Taxes Corporate Income Taxes Taxes on Production and Imports Interest Undistributed Corporate Profits Statistical Discrepancy 5 0 16 1 66 1 < Prev 8 of 30 N earch
Consumption of Fixed Capital Government Purchases US imports Personal Taxes Transfer Payments US Exports Personal Consumption...
Consumption of Fixed Capital Government Purchases US imports Personal Taxes Transfer Payments US Exports Personal Consumption Expenditures Net Foreign Factor Income Gross Private Domestic Investment Taxes on Production and Imports Undistributed Corporate Profits Social Security Contributions Corporate Income Taxes Statistical Discrepancy $25 315 260 45 247 249 475 5 300 245 60 240 65 40 Refer to the accompanying national income data (in billions of dollars). National income is Multiple Choice $940 billion. $975 billion. $804 billion. $1,019 billion.
The table below shows the values for several different components of GDP Value (billions of dollars)...
The table below shows the values for several different components of GDP Value (billions of dollars) 266 Personal consumption expenditures Net foreign factor income Transter payments Rents Consumption of fixed capital (depreciation Statistical discrepancy Social Security contributions Interest Proprietors' income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits 15 12 10 23 12 16 263 16 46 61 Government purchases Net private domestic investment Personal saving 10...
Questions 1-5 Pica's National Data in 2019 (billions of dollars) 140 100 480 280 80 45...
Questions 1-5 Pica's National Data in 2019 (billions of dollars) 140 100 480 280 80 45 30 40 Exports Gross rental income Government expenditures Net investment Imports Indirect Taxes less subsidies Depreciation of capital assets Income of Pica citizens working abroad Income of non-residents working in Pica Personal Income taxes Net foreign income Wages and salaries Personal consumption expenditures Corporate Profits before taxes Government Transfers to persons Corporate income taxes Undistributed corporate profits 35 60 220 800 1000 130 50...
Exhibit 5-8 GDP data (billions of dollars) Personal consumption expenditures $850 Interest 90 Corporate profits 150...
Exhibit 5-8 GDP data (billions of dollars) Personal consumption expenditures $850 Interest 90 Corporate profits 150 Government spending 400 Depreciation 100 Rental income 70 Gross private domestic investment 120 Compensation of employees 830 Exports 120 Imports 70 Indirect business taxes 80 Proprietors' income 120 Personal income taxes 110 Social Security taxes 50 Transfer payments 160 In Exhibit 5-8, disposable personal income (PI) is: $2,180 billion. $1,200 billion. $2,210 billion. $1,180 billion. $1,290 billion.
Question 20 (1 point) $20 300 15 80 10 Proprietors' Income Compensation of Employees Consumption of...
Question 20 (1 point) $20 300 15 80 10 Proprietors' Income Compensation of Employees Consumption of Fixed Capital Gross Investment Rents like Interest Exports Imports Corporate Profits Taxes on Production and Imports Net Foreign Factor Income Statistical Discrepancy 20 30 50 @ Refer to the accompanying data. All figures are in billions of dollars. Net domestic product is $395. $380. $375. $360 Question 21 (1 point) $200 40 15 300 Disposable Income Net Private Domestic Investment US Imports National Income...
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...
(in millions of dollars) Consumption 20000 Investment 2500 Depreciation 2000 Corporate Profit...
(in millions of dollars) Consumption 20000 Investment 2500 Depreciation 2000 Corporate Profits 2800 Exports 2000 Surpluses of Government Enterprises 2000 Compensation of Employees 9300 Proprietor's Income 2000 Net Interest 30 Government Purchases 800 Direct Taxes 900 Net Indirect Taxes 600 Imports 90 Retained Earnings of Corporations 600 Receipt of Factor Income from Rest of the World 900 Payment of Factor Income to Rest of the World 400 Calculate GDP by income approach. Calculate National Income (NNP) by expenditure approach. Calculate...
Exhibit 5-8 GDP data (billions of dollars) Personal consumption expenditures $850 Interest 90 Corporate profits 150...
Exhibit 5-8 GDP data (billions of dollars) Personal consumption expenditures $850 Interest 90 Corporate profits 150 Government spending 400 Depreciation 100 Rental income 70 Gross private domestic investment 120 Compensation of employees 830 Exports 120 Imports 70 Indirect business taxes 80 Proprietors' income 120 Personal income taxes 110 Social Security taxes 50 Transfer payments 160 In Exhibit 5-8, personal income (PI) equals: $1,280 billion. $2,290 billion. $1,310 billion. $2,320 billion. $1,400 billion.
macroeconomics
Personal Taxes$23Net Private Domestic Investment33Net Exports6National Income278U.S. Exports20Gross Private Domestic Investment56Disposable Income220Taxes on Production and Imports32Undistributed Corporate Profits15Proprietors' Income45Net Foreign Factor Income0Statistical Discrepancy0 Refer to the accompanying national income data. All figures are in billions of dollars. Consumption of fixed capital (private sector) is
refer to the accompanying national income statistics (in
billions and dollars ) national income is ???
Net Foreign Factor Income Corporate Profits Gross Private Domestic Investment Proprietors' Income Dividends Consumption of Fixed Capital Social Security Contributions US Exports Government Purchases Personal Consumption Expenditures Transfer Payments Imports of the US Personal Taxes Corporate Income Taxes Taxes on Production and Imports Interest Undistributed Corporate Profits Statistical Discrepancy 5 0 16 1 66 1 < Prev 8 of 30 N earch
Consumption of Fixed Capital Government Purchases US imports Personal Taxes Transfer Payments US Exports Personal Consumption Expenditures Net Foreign Factor Income Gross Private Domestic Investment Taxes on Production and Imports Undistributed Corporate Profits Social Security Contributions Corporate Income Taxes Statistical Discrepancy $25 315 260 45 247 249 475 5 300 245 60 240 65 40 Refer to the accompanying national income data (in billions of dollars). National income is Multiple Choice $940 billion. $975 billion. $804 billion. $1,019 billion.
The table below shows the values for several different components of GDP Value (billions of dollars) 266 Personal consumption expenditures Net foreign factor income Transter payments Rents Consumption of fixed capital (depreciation Statistical discrepancy Social Security contributions Interest Proprietors' income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits 15 12 10 23 12 16 263 16 46 61 Government purchases Net private domestic investment Personal saving 10...
Questions 1-5 Pica's National Data in 2019 (billions of dollars) 140 100 480 280 80 45 30 40 Exports Gross rental income Government expenditures Net investment Imports Indirect Taxes less subsidies Depreciation of capital assets Income of Pica citizens working abroad Income of non-residents working in Pica Personal Income taxes Net foreign income Wages and salaries Personal consumption expenditures Corporate Profits before taxes Government Transfers to persons Corporate income taxes Undistributed corporate profits 35 60 220 800 1000 130 50...
Question 20 (1 point) $20 300 15 80 10 Proprietors' Income Compensation of Employees Consumption of Fixed Capital Gross Investment Rents like Interest Exports Imports Corporate Profits Taxes on Production and Imports Net Foreign Factor Income Statistical Discrepancy 20 30 50 @ Refer to the accompanying data. All figures are in billions of dollars. Net domestic product is $395. $380. $375. $360 Question 21 (1 point) $200 40 15 300 Disposable Income Net Private Domestic Investment US Imports National Income...
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...
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