Fixed Investments include new construction and new capital goods. How do I do GDP Calculation on a spreadsheet ? Indirect Business Taxes 600 Depreciation  950 Net change in Business Inventory 50 Compensation of Employees 5,400 Corporate Profits 700 Durable Goods 600 Local Government Spending 250 Exports 100 Social Security Taxes 360 Transfer Payments 300 Fixed Investments 950 Total Government Spending 800 Imports 150 State Government Spending 250 Net Interest 500 Non-durable Goods 2,000 Personal Taxes 1,000 Rental Income 200 Services  4,000 Federal Government Spending 300

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
icon
Related questions
Question

 Fixed Investments include new construction and new capital goods.

How do I do GDP Calculation on a spreadsheet ?

Indirect Business Taxes 600
Depreciation  950
Net change in Business Inventory 50
Compensation of Employees 5,400
Corporate Profits 700
Durable Goods 600
Local Government Spending 250
Exports 100
Social Security Taxes 360
Transfer Payments 300
Fixed Investments 950
Total Government Spending 800
Imports 150
State Government Spending 250
Net Interest 500
Non-durable Goods 2,000
Personal Taxes 1,000
Rental Income 200
Services  4,000
Federal Government Spending 300
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 1 steps with 1 images

Blurred answer
Knowledge Booster
Highway Construction
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:
9780190931919
Author:
NEWNAN
Publisher:
Oxford University Press
Principles of Economics (12th Edition)
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education