The table shows some of the items in an economy's National Income and Product Accounts.Calculate national income and disposable personal income.AmountItem(trillions of dollars)What is consumption expenditure as a percentage of disposable personal income?WagesGovernment expenditure5.91.8>>> Answer to 1 decimal place.Interest, rent, and profitConsumption expenditure2.2National income is $ trillion and disposable personal income is $ trillion.7.0Investment1.6Disposable personal income ispercent of national income.Net exports- 0.3Indirect taxes less subsidies0.7Retained profitsTransfer payments1.4Consumption expenditure ispercent of disposable personal income.1.1Personal income taxes1.2GNP10.1Depreciation1.2Enter your answer in each of the answer boxes.MacBook AirDIIF12F11F10000000888F980F7F8F6F5F4F3escF2F1&#!781234{PTYQWEtabJKFGAScaps lockM+ I/%24D

National income is the total value of all goods and services produced within a country's borders…

The table shows some of the items in an economy's National Income and Product Accounts. Calculate national income and disposable personal income. Amount (trillions of dollars) 5.9 Item What is consumption expenditure as a percentage of disposable personal income? >>> Answer to 1 decimal place. Wages Government expenditure 1.8 Interest, rent, and profit Consumption expenditure Investment Net exports 2.2 National income is $ trillion and disposable personal income is $ trillion. 7.0 1.6 -0.3 Disposable personal income is percent of national income. Indirect taxes less subsidies 0.7 Retained profits Transfer payments 1.4 Consumption expenditure is percent of disposable personal income. 1.1 Personal income taxes 1.2 GNP 10.1 Depreciation 1.2

The table shows some of the items in an economy's National Income and Product Accounts. Calculate national income and disposable personal income. Amount (trillions of dollars) 5.9 Item What is consumption expenditure as a percentage of disposable personal income? >>> Answer to 1 decimal place. Wages Government expenditure 1.8 Interest, rent, and profit Consumption expenditure Investment Net exports 2.2 National income is $ trillion and disposable personal income is $ trillion. 7.0 1.6 -0.3 Disposable personal income is percent of national income. Indirect taxes less subsidies 0.7 Retained profits Transfer payments 1.4 Consumption expenditure is percent of disposable personal income. 1.1 Personal income taxes 1.2 GNP 10.1 Depreciation 1.2

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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i need help with this macro econmics question 4
I am having a bit of difficulty with this practice question could someone help me, please.
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