Subject :- Accounting The table below shows the national accounts for a hypothetical economy, Macronia.(5 billions)3221101928Government purchasesProprietors' income and rentsExportsIndirect taxesGross investmentWages and salariesCorporate incomeImportsNet investmentPersonal consumptionStatistical discrepancy6446181965?a. The expenditure-based estimate of Macronia's GDP is $b. The income-based estimate of Macronia's GDP is $[billion.billion.billion.c. The value of the statistical discrepancy which is added to the lower estimate and subtracted from the higher estimate to find a singleGDP value is $1 billion.d. Macronia's GDP is $ billion.e. The value of Macronia's depreciation is $[

GDP represents the overall worth of goods and services that are produced inside the nation. It…

Macronia's GDP is S The income-based estimate of Macronia's GDP is $ billion. The value of the statistical discrepancy which is added to the lower estimate and subtracted from the higher estimate to find a sing GDP value is $ billion. d. Macronia's GDP is $1 e. The value of Macronia's depreciation is $ billion. billion. billion.

Macronia's GDP is S The income-based estimate of Macronia's GDP is $ billion. The value of the statistical discrepancy which is added to the lower estimate and subtracted from the higher estimate to find a sing GDP value is $ billion. d. Macronia's GDP is $1 e. The value of Macronia's depreciation is $ billion. billion. billion.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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