Question

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 was a) $2,150 b) $1,850 c) $2,600 d) $3,000 si so se, Domestic Produs est 6. National income wa) 82,150 National income was a) $1,850 b) $2,150 c) $2,600 152,600 d) $3,000 Disposable (personal) income was a) $450 b) $1,750 C) $1,600 d) $1,850 Personal savings were a) $300 b) $450 c) $550 d) $800

Answer 1

Answer:

Net investment = gross investment - depreciation

Net investment = 600 - 150 = $450 .

Therefore, the answer is C] $450.

2) GDP = Consumption expenditures + government expenditures + net exports + investment.

GDP = 1400+900+(400-300)+600

GDP = $3000.

so answer is D ] $3000

3]

NI = GDP = $3000

Correct answer: D]$ 3000

4]

NDP = GDP - Depreciation = 3000 - 150 = 2850

Net National Income (NNI) = NDP - indirect taxes less subsidy - corporate tax

= 2850 - 250 - 200

= 2400

PI = NNI - Undistributed Corporate Profits + Government Transfer Payments

= 2400 - 500 + 250

= 2150

DPI = PI - personal income tax

= 2150 - 300

= 1850

Correct answer: D] $1850

5]

Correct answer: B] $450

Personal savings = PI - consumption expenditure

= 1850 - 1400

= 450