Plese give me correct answer with calculation and full explanation otherwise i give multiple downvoteNote:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.Answer completely and accurate answer.Rest assured, you will receive an upvote if the answer is accurate. Connect Problem CP 07-09 (algo)The table below shows the values for several different components of GDP.CategoryBillions ofDollars$ 255Proprietor's incomePersonal consumption expendituresNet foreign factor incomeTransfer paymentsRentsConsumption of fixed capital (depreciation)Statistical discrepancySocial Security contributionsInterestNet exportsDividends591623181610291212Compensation of employees233Taxes on production and imports14Corporate profitsUndistributed corporate profitsPersonal taxesCorporate income taxesGovernment purchasesNet private domestic investmentPersonal savingImportsInstructions: Enter your answers as whole number.a. What is the value of exports?1722154463291611$368 billionb. What is the value of national income?$billionc. What is the GDP?$billiond. What is the value of personal income?$billion

National Income Accounting measures the total economic output of a country within a specific time…

Answered: a. What is the value of exports? $ 368…

Macroeconomics: Principles and Policy (MindTap Course List)

13th Edition

ISBN:9781305280601

Author:William J. Baumol, Alan S. Blinder

Publisher:William J. Baumol, Alan S. Blinder

Chapter8: Aggregate Demand And The Powerful Consumer

Section8.A: National Income Accounting

Problem 3TY

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Plese give me correct answer with calculation and full explanation otherwise i give multiple downvote

Note:-

Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism.

Answer completely and accurate answer.

Rest assured, you will receive an upvote if the answer is accurate.

Connect Problem CP 07-09 (algo)
The table below shows the values for several different components of GDP.
Category
Billions of
Dollars
$ 255
Proprietor's income
Personal consumption expenditures
Net foreign factor income
Transfer payments
Rents
Consumption of fixed capital (depreciation)
Statistical discrepancy
Social Security contributions
Interest
Net exports
Dividends
5
9
16
23
18
16
10
29
12
12
Compensation of employees
233
Taxes on production and imports
14
Corporate profits
Undistributed corporate profits
Personal taxes
Corporate income taxes
Government purchases
Net private domestic investment
Personal saving
Imports
Instructions: Enter your answers as whole number.
a. What is the value of exports?
17
22
15
44
63
29
16
11
$
368 billion
b. What is the value of national income?
$
billion
c. What is the GDP?
$
billion
d. What is the value of personal income?
$
billion

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