? The following table contains some information from the national income and product accounts of a small country. All data are in billion dollars.CategoryValueGovernment Consumption and Gross Investment300.00National Income1,270DepreciationExports35.00150.00Compensation of Employees800.00Receipts of Factor Income from the Rest of the WorldNet Investment43.00140.00Inventory AdjustmentImportsPayments of Factor Income to the Rest of the WorldCorporate ProfitsStatistical Discrepancy0.00160.0040.00240.0010.00For this country:NNP equals $billion. (Enter your response as an integer.)GNP equals $billion. (Enter your response as an integer.)GDP equals $billion. (Enter your response as an integer.)Personal Consumption Expenditure equals $billion. (Enter your response as an integer.)

The terms GDP, GNP and NNP are slightly different from one another. GDP (gross domestic product)…

For this country: NNP equals $ billion. (Enter your response as an integer.) GNP equals $ billion. (Enter your response as an integer.) GDP equals $ billion. (Enter your response as an integer.) Personal Consumption Expenditure equals $ billion. (Enter your response as an integer.)

For this country: NNP equals $ billion. (Enter your response as an integer.) GNP equals $ billion. (Enter your response as an integer.) GDP equals $ billion. (Enter your response as an integer.) Personal Consumption Expenditure equals $ billion. (Enter your response as an integer.)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

The following table contains some information from the national income and product accounts of a small country. All data are in billion dollars.
Category
Value
Government Consumption and Gross Investment
300.00
National Income
1,270
Depreciation
Exports
35.00
150.00
Compensation of Employees
800.00
Receipts of Factor Income from the Rest of the World
Net Investment
43.00
140.00
Inventory Adjustment
Imports
Payments of Factor Income to the Rest of the World
Corporate Profits
Statistical Discrepancy
0.00
160.00
40.00
240.00
10.00
For this country:
NNP equals $
billion. (Enter your response as an integer.)
GNP equals $
billion. (Enter your response as an integer.)
GDP equals $
billion. (Enter your response as an integer.)
Personal Consumption Expenditure equals $
billion. (Enter your response as an integer.)

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