Homework Answers
Answer -
GDP = Consumption of durable + Consumption of non durable + Residential Inv + Non residential Inv + Change in inventory + government purchases + Net export
= 462 + 893+526+66+26+1259+(1056-987)
= $ 3301
GDP = $ 3301
GNP = GDP + factor income from abroad - factor income to abroad
= 3301 + 45-59
= $ 3287
Hence the GNP = $ 3287
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526 You are given the following information Durable good consumption Residential investment Imports Government expenditure Receipts...
462 526 You are given the following information. Durable good consumption Residential investment Imports Government expenditure...
462 526 You are given the following information. Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad 987 1259 45 Personal income 7863 Nonresidential investment 66 893 Nondurable goods Exports 1056 Services 7638 125 Depreciation Change in inventories Payments of factor income abroad 26 59 Personal taxes 2538 Find GNP Daranrants
462 526 You are given the following information. Durable good consumption Residential investment Imports Government expenditure...
462 526 You are given the following information. Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad 987 1259 45 Personal income 7863 Nonresidential investment 66 893 1056 7638 Nondurable goods Exports Services Depreciation Change in inventories Payments of factor income abroad Personal taxes 125 26 59 2538 Find disposable personal income
You are given the following information Durable good consumption 462 Residential investment 526 987 Imports Government...
You are given the following information Durable good consumption 462 Residential investment 526 987 Imports Government expenditure Receipts of factor income from abroad 1259 45 Personal income 7863 Nonresidential investment 66 Nondurable goods 893 1056 Exports Services 7638 Depreciation 125 Change in inventories 26 Payments of factor income abroad 59 Personal taxes 2538 Find
You are given the following information Durable good consumption 462 Residential investment 526 Imports 987 Government...
You are given the following information Durable good consumption 462 Residential investment 526 Imports 987 Government expenditure 1259 45 Receipts of factor income from abroad Personal income 7863 Nonresidential investment 66 Nondurable goods 893 1056 Exports Services 7638 Depreciation 125 26 Change in inventories Payments of factor income abroad 59 Personal taxes 2538 Find Trade balance
FIND GNP* You are given the following information Durable good consumption Residential investment 462 526 987...
FIND GNP*
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports Government expenditure Receipts of factor income from abroad Personal income 45 7863 Nonresidential investment 66 Nondurable goods 893 Exports Services 1056 7638 125 Depreciation Change in inventories Payments of factor income abroad 26 59 Personal taxes 2538 Find GNP
462 526 987 1259 You are given the following information. Durable good consumption Residential investment Imports...
462 526 987 1259 You are given the following information. Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad Personal income Nonresidential investment Nondurable goods Exports Services 45 7863 66 893 1056 7638 125 26 Depreciation Change in inventories Payments of factor income abroad Personal taxes 59 2538 Find
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports...
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports Government expenditure Receipts of factor income from abroad Personal income 45 7863 66 893 1056 Nonresidential investment Nondurable goods Exports Services Depreciation Change in inventories Payments of factor income abroad 7638 125 26 59 Personal taxes 2538 Find GDP
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports...
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports Government expenditure Receipts of factor income from abroad Personal income 45 7863 Nonresidential investment 66 893 Nondurable goods Exports Services Depreciation Change in inventories 1056 7638 125 26 59 Payments of factor income abroad Personal taxes 2538 Find net private investment
You are given the following information. Durable good consumption Residential investment 462 526 987 1259 45...
You are given the following information. Durable good consumption Residential investment 462 526 987 1259 45 7863 66 Imports Government expenditure Receipts of factor income from abroad Personal income Nonresidential investment Nondurable goods Exports Services Depreciation Change in inventories Payments of factor income abroad 893 1056 7638 125 26 59 Personal taxes 2538 Do we have a trade deficit or trade surplus?
find consumption and investment You are given the following information 462 526 987 1259 45 Durable...
find consumption and investment
You are given the following information 462 526 987 1259 45 Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad Personal income Nonresidential investment Nondurable goods Exports Services 7863 66 893 1056 7638 Depreciation 125 26 Change in inventories Payments of factor income abroad 59 Personal taxes 2538 Find
462 526 You are given the following information. Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad 987 1259 45 Personal income 7863 Nonresidential investment 66 893 Nondurable goods Exports 1056 Services 7638 125 Depreciation Change in inventories Payments of factor income abroad 26 59 Personal taxes 2538 Find GNP Daranrants
462 526 You are given the following information. Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad 987 1259 45 Personal income 7863 Nonresidential investment 66 893 1056 7638 Nondurable goods Exports Services Depreciation Change in inventories Payments of factor income abroad Personal taxes 125 26 59 2538 Find disposable personal income
You are given the following information Durable good consumption 462 Residential investment 526 987 Imports Government expenditure Receipts of factor income from abroad 1259 45 Personal income 7863 Nonresidential investment 66 Nondurable goods 893 1056 Exports Services 7638 Depreciation 125 Change in inventories 26 Payments of factor income abroad 59 Personal taxes 2538 Find
You are given the following information Durable good consumption 462 Residential investment 526 Imports 987 Government expenditure 1259 45 Receipts of factor income from abroad Personal income 7863 Nonresidential investment 66 Nondurable goods 893 1056 Exports Services 7638 Depreciation 125 26 Change in inventories Payments of factor income abroad 59 Personal taxes 2538 Find Trade balance
FIND GNP*
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports Government expenditure Receipts of factor income from abroad Personal income 45 7863 Nonresidential investment 66 Nondurable goods 893 Exports Services 1056 7638 125 Depreciation Change in inventories Payments of factor income abroad 26 59 Personal taxes 2538 Find GNP
462 526 987 1259 You are given the following information. Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad Personal income Nonresidential investment Nondurable goods Exports Services 45 7863 66 893 1056 7638 125 26 Depreciation Change in inventories Payments of factor income abroad Personal taxes 59 2538 Find
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports Government expenditure Receipts of factor income from abroad Personal income 45 7863 66 893 1056 Nonresidential investment Nondurable goods Exports Services Depreciation Change in inventories Payments of factor income abroad 7638 125 26 59 Personal taxes 2538 Find GDP
You are given the following information Durable good consumption Residential investment 462 526 987 1259 Imports Government expenditure Receipts of factor income from abroad Personal income 45 7863 Nonresidential investment 66 893 Nondurable goods Exports Services Depreciation Change in inventories 1056 7638 125 26 59 Payments of factor income abroad Personal taxes 2538 Find net private investment
You are given the following information. Durable good consumption Residential investment 462 526 987 1259 45 7863 66 Imports Government expenditure Receipts of factor income from abroad Personal income Nonresidential investment Nondurable goods Exports Services Depreciation Change in inventories Payments of factor income abroad 893 1056 7638 125 26 59 Personal taxes 2538 Do we have a trade deficit or trade surplus?
find consumption and investment
You are given the following information 462 526 987 1259 45 Durable good consumption Residential investment Imports Government expenditure Receipts of factor income from abroad Personal income Nonresidential investment Nondurable goods Exports Services 7863 66 893 1056 7638 Depreciation 125 26 Change in inventories Payments of factor income abroad 59 Personal taxes 2538 Find
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