The following table contains data for Mindalion for the year 2019. GDP Income earned by citizens abroad Income foreigners earn here Losses from depreciation Indirect business taxes $700 $13 $12 $5 $10 $0 Statistical discrepancy Retained earnings Corporate income taxes Social insurance contributions Interest paid to households by government Transfer payments to households from government Personal taxes $8 $12 $30 $8 $55 $60 Nontax payments to government $11 41. Refer to Table 23-1. Gross national product for Mindalion in 2019 is a. $696. b. $700. c. $701. d. $725. 42. Refer to Table 23-1. Net national product for Mindalion in 2019 is m a. $696. b. $700. c. $701. d. $699.
The following table contains data for Mindalion for the year 2019. GDP Income earned by citizens abroad Income foreigners earn here Losses from depreciation Indirect business taxes $700 $13 $12 $5 $10 $0 Statistical discrepancy Retained earnings Corporate income taxes Social insurance contributions Interest paid to households by government Transfer payments to households from government Personal taxes $8 $12 $30 $8 $55 $60 Nontax payments to government $11 41. Refer to Table 23-1. Gross national product for Mindalion in 2019 is a. $696. b. $700. c. $701. d. $725. 42. Refer to Table 23-1. Net national product for Mindalion in 2019 is m a. $696. b. $700. c. $701. d. $699.
Chapter1: Making Economics Decisions
Section: Chapter Questions
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