Q)1- From the following table, calculate GDP, GNP, Net national product, National income, Personal income and Disposable personal income​ ​In millions of dollars __________________________________________ Transfer payments​​1500 Subsidies​   ​  500 Social insurance payments​3500 Depreciation​ ​5000 Receipts of factor income from the rest of the world​  ​  400 Government consumption and investment​7500 Imports​ ​5000 Payments of factor income to the rest of the world​  ​ 500 Personal interest income from government and households​​3500 Indirect taxes​2000 Exports​6000 Net private domestic investment​          ​        10000 Personal taxes​6000 Corporate profits​4500 Personal consumption expenditures​        25000 Dividends​  ​  400 _______________________

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Q)1- From the following table, calculate GDP, GNP, Net national product, National income, Personal income and Disposable personal income​

​In millions of dollars

__________________________________________

Transfer payments​​1500

Subsidies​   ​  500

Social insurance payments​3500

Depreciation​ ​5000

Receipts of factor income from the rest of the world​  ​  400

Government consumption and investment​7500

Imports​ ​5000

Payments of factor income to the rest of the world​  ​ 500

Personal interest income from government and households​​3500

Indirect taxes​2000

Exports​6000

Net private domestic investment​          ​        10000

Personal taxes​6000

Corporate profits​4500

Personal consumption expenditures​        25000

Dividends​  ​  400

_______________________

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