Net domestic product equals ___
A. 2925
B. 2000
C. 2597
D. 2592
Homework Answers
gross domestic product = Net Interest + Compensation of employees + Rental income + Proprietor’s Income + Indirect business taxes + Corporate Profits + Depreciation
gdp = 239+1740+37+128+259+194+333 = 2930
net domestic product = gdp - depreciation
=2930-333
=2597
c is the right answer
Add Answer to:
Net domestic product equals ___
A. 2925
B. 2000
C. 2597
D. 2592
Item Dollars Net...
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.
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures...
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars. Billions of Dollars $2,300 Gross private domestic investment Depreciation Exports $1,987 $3,120 $200 $4,521 Imports Government purchases of goods and services Personal consumption expenditures Indirect business taxes and misc. items Income received from other countries $6,300 $1,341 $1,118 $1,022 $8,174 $1,895 Income paid to other countries Compensation of employees (wages) Corporate profits Rental income Net interest Proprietors' income $365...
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures...
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars. Billions of Dollars Gross private domestic investment Depreciation $1,700 $1,387 Exports $2,320 Imports $1,500 $3,921 Government purchases of goods and services Personal consumption expenditures Indirect business taxes and misc. items $5,700 $741 Income received from other countries $518 $422 $7,574 Income paid to other countries Compensation of employees (wages) Corporate profits Rental income Net interest Proprietors' income $1,295 $35...
The following table gives categories for income and expenditures for a representative country: 750 600 Net...
The following table gives categories for income and expenditures for a representative country: 750 600 Net exports of goods and services Net interest paid by business Government purchases of goods and services Gross private domestic investment 2.250 3.000 600 Indirect business taxes Rental income of individuals plus implicit rent on owner-occupied housing Wages, salaries employee compensation Personal consumption expenses Depreciation Proprietorial income Corporate profits 300 9.000 10.500 1.200 1.500 1.800 Use the data in the table to caloulate Gross Domestic...
Question 1 (4 marks) Below is a list of domestic output and national income figures for...
Question 1 (4 marks) Below is a list of domestic output and national income figures for a given year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditure and income methods. The results you obtain with the different methods should be the same 7 $245 541 182 143 585 274 204 130 335 115 Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption...
Given these data, what is the value of GDP? Provide your answer in the blank. Amount...
Given these data, what is the value of GDP? Provide your answer in the blank. Amount ($) 1,628 659 2,413 Category Federal Government Consumption and Gross Investment Interest Income Gross Private Investment Services Depreciation Durable Goods Proprietors' Income Employee Compensation Rental Income Corporate Profits State and Local Government Consumption and Gross Investment Net Income of Foreigners Nondurable Goods Imports Indirect Business Taxes Exports 1,707 1,170 1,165 7,648 227 1.766 1,100 -430 2,815 1,150 1,155 337 12,200
i wanted to know how to calculate gdp ? 0 JUMUI LAPUIS du POILS. c. exports...
i
wanted to know how to calculate gdp ?
0 JUMUI LAPUIS du POILS. c. exports during the year. d. exports divided by imports. e. none of the above Exhibit 7-2 Goods papayas fish 1990 Quantities 10 15 8 1990 Prices $1.00 $0.60 $4.00 2012 Quantities 20 20 15 2012 Prices $0.50 $0.80 $4.00 skirts 1. Refer to Exhibit 7-2. GDP in 2012 is a. $86. b. $49. c. $92 d. $51. e. not possible to calculate without the CPI....
-600 480 1.800 2.400 480 Net exports of goods and services Net interest paid by business Government purchases of go...
-600 480 1.800 2.400 480 Net exports of goods and services Net interest paid by business Government purchases of goods and services Gross private domestic investment Indirect business taxes Rental income of individuals plus implicit rent on owner-occupied housing Wages, salaries, employee compensation Personal consumption expenses Depreciation Proprietorial income Corporate profits 240 7.200 8.400 960 1.200 1440 Use the data in the table to calculate Gross Domestic Product (GDP) for this country. GDP is equal to 50 Use the data...
******** . ................598 vuviai ILUNI Anu rivuuvo RUVUURIL Goverment Purchases of goods and services.... ..$580 Indirect...
******** . ................598 vuviai ILUNI Anu rivuuvo RUVUURIL Goverment Purchases of goods and services.... ..$580 Indirect business taxes. ..$230 Personal consumption expenditures.. $1,520 Depreciation. ..$310 Proprietors' income..... $175 Employer contribution to public and private pensio ...$325 Net interest...... Gross private domestic investment. -$410 Rental income. $45 Exports.......... .......... ...$450 Imports............. $260 Corporate profits...... $225 Wages and salaries.......... Social secyrity payroll taxes. ... ...................$235 Government transfer payments to indivduals............ ..$300 Personal interest and dividends and business transfers to individuals........$340 Personal taxes....
questions e,f,g! ***** ......$325 ......$98 .....$410 vuviai IVURI G Government Purchases of goods and services.......
questions
e,f,g!
***** ......$325 ......$98 .....$410 vuviai IVURI G Government Purchases of goods and services.......... rivuuvo RUVUU $580 Indirect business taxes.... $230 Personal consumption expenditures........... $1,520 Depreciation.... ..$310 Proprietors' income. ...$175 Employer contribution to public and private pensions plans..******* Net interest........ Gross private domestic investment....... Rental income.. $45 Exports....... $450 Imports...... $260 Corporate profits........ $225 Wages and salaries.. ...$1,302 Social secyrity payroll taxes.... $235 Government transfer payments to indivduals............ Personal interest and dividends and business transfers to individuals......$340 Personal taxes....
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars. Billions of Dollars $2,300 Gross private domestic investment Depreciation Exports $1,987 $3,120 $200 $4,521 Imports Government purchases of goods and services Personal consumption expenditures Indirect business taxes and misc. items Income received from other countries $6,300 $1,341 $1,118 $1,022 $8,174 $1,895 Income paid to other countries Compensation of employees (wages) Corporate profits Rental income Net interest Proprietors' income $365...
8. The income approach The following table shows macroeconomic data for a hypothetical country. All figures are in billions of dollars. Billions of Dollars Gross private domestic investment Depreciation $1,700 $1,387 Exports $2,320 Imports $1,500 $3,921 Government purchases of goods and services Personal consumption expenditures Indirect business taxes and misc. items $5,700 $741 Income received from other countries $518 $422 $7,574 Income paid to other countries Compensation of employees (wages) Corporate profits Rental income Net interest Proprietors' income $1,295 $35...
The following table gives categories for income and expenditures for a representative country: 750 600 Net exports of goods and services Net interest paid by business Government purchases of goods and services Gross private domestic investment 2.250 3.000 600 Indirect business taxes Rental income of individuals plus implicit rent on owner-occupied housing Wages, salaries employee compensation Personal consumption expenses Depreciation Proprietorial income Corporate profits 300 9.000 10.500 1.200 1.500 1.800 Use the data in the table to caloulate Gross Domestic...
Question 1 (4 marks) Below is a list of domestic output and national income figures for a given year. All figures are in billions. The questions that follow ask you to determine the major national income measures by both the expenditure and income methods. The results you obtain with the different methods should be the same 7 $245 541 182 143 585 274 204 130 335 115 Personal consumption expenditures Net foreign factor income Transfer payments Rents Statistical discrepancy Consumption...
Given these data, what is the value of GDP? Provide your answer in the blank. Amount ($) 1,628 659 2,413 Category Federal Government Consumption and Gross Investment Interest Income Gross Private Investment Services Depreciation Durable Goods Proprietors' Income Employee Compensation Rental Income Corporate Profits State and Local Government Consumption and Gross Investment Net Income of Foreigners Nondurable Goods Imports Indirect Business Taxes Exports 1,707 1,170 1,165 7,648 227 1.766 1,100 -430 2,815 1,150 1,155 337 12,200
i
wanted to know how to calculate gdp ?
0 JUMUI LAPUIS du POILS. c. exports during the year. d. exports divided by imports. e. none of the above Exhibit 7-2 Goods papayas fish 1990 Quantities 10 15 8 1990 Prices $1.00 $0.60 $4.00 2012 Quantities 20 20 15 2012 Prices $0.50 $0.80 $4.00 skirts 1. Refer to Exhibit 7-2. GDP in 2012 is a. $86. b. $49. c. $92 d. $51. e. not possible to calculate without the CPI....
-600 480 1.800 2.400 480 Net exports of goods and services Net interest paid by business Government purchases of goods and services Gross private domestic investment Indirect business taxes Rental income of individuals plus implicit rent on owner-occupied housing Wages, salaries, employee compensation Personal consumption expenses Depreciation Proprietorial income Corporate profits 240 7.200 8.400 960 1.200 1440 Use the data in the table to calculate Gross Domestic Product (GDP) for this country. GDP is equal to 50 Use the data...
******** . ................598 vuviai ILUNI Anu rivuuvo RUVUURIL Goverment Purchases of goods and services.... ..$580 Indirect business taxes. ..$230 Personal consumption expenditures.. $1,520 Depreciation. ..$310 Proprietors' income..... $175 Employer contribution to public and private pensio ...$325 Net interest...... Gross private domestic investment. -$410 Rental income. $45 Exports.......... .......... ...$450 Imports............. $260 Corporate profits...... $225 Wages and salaries.......... Social secyrity payroll taxes. ... ...................$235 Government transfer payments to indivduals............ ..$300 Personal interest and dividends and business transfers to individuals........$340 Personal taxes....
questions
e,f,g!
***** ......$325 ......$98 .....$410 vuviai IVURI G Government Purchases of goods and services.......... rivuuvo RUVUU $580 Indirect business taxes.... $230 Personal consumption expenditures........... $1,520 Depreciation.... ..$310 Proprietors' income. ...$175 Employer contribution to public and private pensions plans..******* Net interest........ Gross private domestic investment....... Rental income.. $45 Exports....... $450 Imports...... $260 Corporate profits........ $225 Wages and salaries.. ...$1,302 Social secyrity payroll taxes.... $235 Government transfer payments to indivduals............ Personal interest and dividends and business transfers to individuals......$340 Personal taxes....
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