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Instructions: Enter your answers as whole nu a. What is the value of exports? $ b. What is the value of national income? billion billion

Instructions: Enter your answers as whole nu a. What is the value of exports? $ b. What is the value of national income? billion billion

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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pok t 7 ces The table below shows the values for several different components of GDP. Billions of Dollars $ 295 4 15 12 32 6 14 11 30 12 10 273 20 25 28 22 57 64 43 30 25 Personal consumption expenditures Net foreign factor income Transfer payments Rents. Category Consumption of fixed capital (depreciation) Statistical discrepancy Social Security contributions Interest Proprietor's income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases Net private domestic investment Personal saving Imports Instructions: Enter your answers as whole number. a. What is the value of exports? billion b. What is the value of national income? billion
Transcribed Image Text:pok t 7 ces The table below shows the values for several different components of GDP. Billions of Dollars $ 295 4 15 12 32 6 14 11 30 12 10 273 20 25 28 22 57 64 43 30 25 Personal consumption expenditures Net foreign factor income Transfer payments Rents. Category Consumption of fixed capital (depreciation) Statistical discrepancy Social Security contributions Interest Proprietor's income Net exports Dividends Compensation of employees Taxes on production and imports Undistributed corporate profits Personal taxes Corporate income taxes Corporate profits Government purchases Net private domestic investment Personal saving Imports Instructions: Enter your answers as whole number. a. What is the value of exports? billion b. What is the value of national income? billion
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