The following national income data are available for a country. All data are in billion dollars. Category Value Residential Investment 110.00 Payments of Factor Income to the rest of the world 50.00 National Income 2,154.00 Inventory Adjustment 0.00 Personal Consumption Expenditure 1,540.00 Depreciation 66.00 Exports 132.00 Nonresidential Investment 220.00 Receipts of Factor Income from the Rest of the World Government Transfer Payment 70.00 200.00 Statistical Discrepancy 0.00 Imports Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G). 242.00 GDP equals $ billion. (Enter your response as an integer.)

The following national income data are available for a country. All data are in billion dollars. Category Value Residential Investment 110.00 Payments of Factor Income to the rest of the world 50.00 National Income 2,154.00 Inventory Adjustment 0.00 Personal Consumption Expenditure 1,540.00 Depreciation 66.00 Exports 132.00 Nonresidential Investment 220.00 Receipts of Factor Income from the Rest of the World Government Transfer Payment 70.00 200.00 Statistical Discrepancy 0.00 Imports Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G). 242.00 GDP equals $ billion. (Enter your response as an integer.)

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

The following national income data are available for a country. All data are in billion dollars.
Category
Value
Residential Investment
110.00
Payments of Factor Income to the rest of the world
50.00
National Income
2,154.00
Inventory Adjustment
0.00
Personal Consumption Expenditure
1,540.00
Depreciation
66.00
Exports
132.00
Nonresidential Investment
220.00
Receipts of Factor Income from the Rest of the World
70.00
Government Transfer Payment
200.00
Statistical Discrepancy
0.00
Imports
242.00
Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G).
GDP equals $ billion. (Enter your response as an integer.)

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