Solve all , otherwise I will give definitely negative rating Wages and Salaries$41300Personal Income Taxes.90Payroll Taxes (e.g, Social Security tax)85Income Receipts from Rest of the World128Income Payments to Rest of the World147Indirect Business Taxes50Corporate Income Taxes240Government Transfer Payments.522US Exports.78Undistributed Corporate Profits.237Gov't Purchases of Goods and Services.188Gross Private Domestic Investment..257US Imports.96Net Private Domestic Investment112Statistical DiscrepancyPersonal Consumption Experniditure..1220Depreciation145Using this information, Find:1) GDP2)GNP3)Net National Product|4))National Income

1. GDP using income approach is calculated using the formula = Total national income + Sales taxes…

nges and Salaries. $1300 rsonal Income Taxes. 90 yroll Taxes (e.g. Social Security tax) 85 come Receipts from Rest of the World 128 come Payments to Rest of the World 147 direct Business Taxes 50 rporate Income Taxes 240 vernment Transfer Payments. 522 Exports. 78 distributed Corporate Profits. 237

nges and Salaries. $1300 rsonal Income Taxes. 90 yroll Taxes (e.g. Social Security tax) 85 come Receipts from Rest of the World 128 come Payments to Rest of the World 147 direct Business Taxes 50 rporate Income Taxes 240 vernment Transfer Payments. 522 Exports. 78 distributed Corporate Profits. 237

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

Solve all , otherwise I will give definitely negative rating

Wages and Salaries
$41300
Personal Income Taxes.
90
Payroll Taxes (e.g, Social Security tax)
85
Income Receipts from Rest of the World
128
Income Payments to Rest of the World
147
Indirect Business Taxes
50
Corporate Income Taxes
240
Government Transfer Payments.
522
US Exports.
78
Undistributed Corporate Profits.
237
Gov't Purchases of Goods and Services.
188
Gross Private Domestic Investment..
257
US Imports.
96
Net Private Domestic Investment
112
Statistical Discrepancy
Personal Consumption Experniditure..
1220
Depreciation
145
Using this information, Find:
1) GDP
2)GNP
3)Net National Product
|4))National Income

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