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.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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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.
Transcribed Image Text: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.
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