Consider the following national accounts data for Westeros: Westeros' National Accounts (2019) GDP Item Corporate income Exports Wages and salaries Net international income to the rest of the world Gross investment Government purchases Indirect taxes Personal consumption Imports $788 billion $682 billion $921 billion ($ billions) 140 50 550 Depreciation Proprietors' incomes and rents 65 Which is the following is the expenditure-based estimate of GDP for Westeros? $867 billion 00 8 160 184 75 500 27 79
Consider the following national accounts data for Westeros: Westeros' National Accounts (2019) GDP Item Corporate income Exports Wages and salaries Net international income to the rest of the world Gross investment Government purchases Indirect taxes Personal consumption Imports $788 billion $682 billion $921 billion ($ billions) 140 50 550 Depreciation Proprietors' incomes and rents 65 Which is the following is the expenditure-based estimate of GDP for Westeros? $867 billion 00 8 160 184 75 500 27 79
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Consider the following national accounts data for Westeros:
Westeros' National Accounts (2019)
GDP Item
Corporate income
Exports
Wages and salaries
Net international income to the rest of the
world
Gross investment
Government purchases
Indirect taxes
Personal consumption
Imports
$788 billion
$682 billion
$921 billion
($ billions)
140
50
550
500
27
Depreciation
79
Proprietors' incomes and rents
65
Which is the following is the expenditure-based estimate of GDP for Westeros?
$867 billion
8
00
160
184
75
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