Refer to the accompanying national income data (m billions of dollars) and answer the following queslions. (JI $1,593 1,113 1,683 695 Gross Private Domestic Investment Personal Taxes Transfer Payments Taxes on Production and Imports Corporate Income Taxes Personal Consumption Expenditures Consumplion of Fixed Capital US Exports 213 7,304 1,383 1,059 434 Dividends 1,973 Government Purchases 10 Net Forelgn Factor Income Undistributed Corporate Profits Social Security Contributions US Imports Statistical Discrepancy 141 748 1,483 50 a. Calculate Net Exports. Does the country face a trade deficit or surplus or neither? b. Calculate the Gross Domestic Product (GDP) c. Calculate the National Income (NI). d. Caleulate Corporate Profits. e. Calculate the Net private domestic investment.

Refer to the accompanying national income data (m billions of dollars) and answer the following queslions. (JI $1,593 1,113 1,683 695 Gross Private Domestic Investment Personal Taxes Transfer Payments Taxes on Production and Imports Corporate Income Taxes Personal Consumption Expenditures Consumplion of Fixed Capital US Exports 213 7,304 1,383 1,059 434 Dividends 1,973 Government Purchases 10 Net Forelgn Factor Income Undistributed Corporate Profits Social Security Contributions US Imports Statistical Discrepancy 141 748 1,483 50 a. Calculate Net Exports. Does the country face a trade deficit or surplus or neither? b. Calculate the Gross Domestic Product (GDP) c. Calculate the National Income (NI). d. Caleulate Corporate Profits. e. Calculate the Net private domestic investment.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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a.) From the following data, calculate national income by income method Items (Units of m) Compensation of employees 800 Mixed income of self-employed 900 Net factor income from abroad - 50 Rent 350 Profit 600 Consumption of fixed capital 200 Net indirect taxes 250 Interest 450 Operating Surplus 1400 b.) From the following data, calculate national income by expenditure method. Items (000) Compensation of employees 1,200 Net factor income from - 20 Net indirect taxes…
Personal Taxes Net Private Domestic Investment Net Exports National Income U.S. Exports Gross Private Domestic Investment Disposable Income Taxes on Production and Imports Undistributed Corporate Profits Proprietors' Income Net Foreign Factor Income Statistical Discrepancy Multiple Choice Refer to the accompanying national income data. All figures are in billions of dollars. The gross domestic product is O C о $328. $382. $333. $23 33 6 278 20 56 220 32 15 45 0 $301. 0
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Find the value added by a firm given that:- Domestic sales by firm = $5500 Exports by firm = $2000 Purchase by firm = $3000
I got the answer 621, but that was wrong so I’m not real sure where I derailed.
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?
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What is the value for Gross Domestic Product if households receive $315 in net interest income, wages equal $10,169, rental receipts on land are $884, total business profits before taxes are $1,862, and indirect business taxes are $1,139? Assume depreciation and net foreign income are zero. Enter the value without a $ and without commas.
I’m having trouble answers these two questions because I understand them I just need the formula to answer! Thank you, need answer for I) and II).
Jamaica's Gross National Product would be increased by: a. Outflows of net property income b. Imports of goods and services c. Profits earned in a Jamaican-owned factory in another country overseas d. Taxes on domestic expenditure