2. In one year in the country of Countem, workers earned $4150, the proprietor's income was $392, rental income was $20, corporate profits were $683, net interest was $228, taxes on production and im- ports were $329, business current transfer payments were $12, the current surplus of government enter- prises was $3, statistical discrepancy was $28, con- sumption of fixed capital was $882, factor income received from the rest of the world was $331, and payments of factor income to the rest of the world was $623. Based on these data, compute the national in- come, net national product, gross national product, and gross domestic product.
2. In one year in the country of Countem, workers earned $4150, the proprietor's income was $392, rental income was $20, corporate profits were $683, net interest was $228, taxes on production and im- ports were $329, business current transfer payments were $12, the current surplus of government enter- prises was $3, statistical discrepancy was $28, con- sumption of fixed capital was $882, factor income received from the rest of the world was $331, and payments of factor income to the rest of the world was $623. Based on these data, compute the national in- come, net national product, gross national product, and gross domestic product.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
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do fast.
![2. In one year in the country of Countem, workers
earned $4150, the proprietor's income was $392,
rental income was $20, corporate profits were $683,
net interest was $228, taxes on production and im-
ports were $329, business current transfer payments
were $12, the current surplus of government enter-
prises was $3, statistical discrepancy was $28, con-
sumption of fixed capital was $882, factor income
received from the rest of the world was $331, and
payments of factor income to the rest of the world
was $623.
Based on these data, compute the national in-
come, net national product, gross national product,
and gross domestic product.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6bd4e6d0-caf2-4ae0-92d5-b31094e51ebd%2Fdfcdc792-a677-4f89-a3d2-f101c277af48%2Fb22dwg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:2. In one year in the country of Countem, workers
earned $4150, the proprietor's income was $392,
rental income was $20, corporate profits were $683,
net interest was $228, taxes on production and im-
ports were $329, business current transfer payments
were $12, the current surplus of government enter-
prises was $3, statistical discrepancy was $28, con-
sumption of fixed capital was $882, factor income
received from the rest of the world was $331, and
payments of factor income to the rest of the world
was $623.
Based on these data, compute the national in-
come, net national product, gross national product,
and gross domestic product.
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