gross private domestic investment $1593 personal taxes 1113 transfer payments 1683 taxes on production & imports 695 corporate income taxes 213 personal consumption expenditures 7304 consumption of fixed capital 1393 US Exports 1059 dividends 434 government purchases 1973 net foreign factor 10 undistributed corporate profit 290 sociual security contributions 748 US imports 1483 statistical discrepency  50   Refer to the accompanying national income data (in billions of dollars) CORPORATE PROFITS are equal to?

Q: Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000…

A: Value addition: - Value addition is the increase in the value of a product or any input by…

Q: Goods imports 635 Goods exports 419 Services imports 144 Services exports…

A:

Q: Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income 36,063…

A: The statistical discrepancy is the amount by the sum of the capital, current and financial account…

Q: None

A: NNP=GNP−DepreciationGNP=Consumption+ Gross Investment+ Government Expenditure+(Exports−Imports)+ Net…

Q: The following national income data are available for a country. All data are in billion dollars.…

A: Economic growth refers to the increase in the value of output or income in a country over a certain…

Q: goods and services Depreciation 200 Gross private domestic 100 investment Indirect taxes 600…

A: It is a measure of a country's economic activity.It indicates the total worth of all services and…

Q: Personal Taxes Social Security Contributions Taxes on Production and Imports Corporate Income Taxes…

A: Personal income (PI) refers to actual income earned by households from all the sources. Formula for…

Q: The income based GDP formula states that GDP is the sum of wages, rent, and interest, and…

A: According to income based approach GDP is the sum of wages,rent and interest and profits in a given…

Q: Consider the following national accounts data for Westeros: Westeros' National Accounts (2019) GDP…

A: Import means the process of bringing goods or services into a nation from abroad.Export means the…

Q: 1. Calculate the GDP by using both Income and Expenditure approaches. (Solution 8,300) Consumption…

A: Gross Domestic Product is the total value of goods and services produced within the domestic…

Q: Do not use satgpt

A: Step 1: GDP Computation     $ in BillionsPersonal consumption expenditures 219.1Gross private…

Q: Personal Consumption Expenditures $ 400 Government Purchases 128 Gross Private Domestic Investment…

A: The National Money is the total amount of income earned by a country from economic activity over the…

Q: Amongst these variables which of the components are used to calculate quarterly national growth…

A: Quarterly national growth rate:  National Growth Rate is defined as the monetary value of all…

Q: Calculate the Gross National Product from the Data Below: Consumption Expenditures: Wages and…

A: GDP is the gross domestic product. GDP is defined as the market value of all the final goods and…

Q: Personal Taxes $ 55 Social Security Contributions Taxes on Production and Imports Corporate Income…

A: Net Domestic product is the economic output of a country indicating its economic growth. It is a…

Q: government purchases $15 pesonal consumption 80 gross investment 29 consumption of fixed capital…

A: GDP is the total value of all finished commodities produced within the particular boundary of a…

Q: Gross Domestic Product is caiculated by multiplying the quantities of goods by their prices because…

A: The total monetary value of all final products produced within a specific time frame, typically a…

Q: (The following national income data are in billions of dollars.) Disposable Income $200 40 Net…

A: Net exports represent a country's total exports (goods and services sold to other countries) minus…

Q: Calculate the value added by a firm with the following:- Domestic sales of the firm = $4000 Exports…

A: The given information is as follows:- Domestic sales done by the firm = $4000 Exports of the firm =…

Q: Personal consumption expenditures $5,850 Exports 750 Government spending 1,800 Social Security…

A: 1. Gross Domestic Product (GDP)=C+I+G+X-M=5850+1200+1800+(750-1150)=$8450

Q: Using the data In the table below related to nominal GDP, real GDP, and total population, answer the…

A: From the tabular data, Year Nominal GDP (in millions) Real GDP (in million) Population (in…

Q: Dollar Amount Item Durable goods Nondurable goods Services Fixed investment Inventory investment…

A: Gross domestic product (GDP) is a measure of the economic performance of a country. It represents…

Q: What is the aggregate of the gross balances of primary income of all resident institutional units…

A: The inquiry was posed to us to identify the economic term that addresses the total of all primary…