United States 2015 (Billions USD) GDP 18,238.3 Trade balance -4913 Net factor income from abroad I8SA Net unilateral transfers -1015 Use the information above to compute the following in billions of USD (round to nearest I decimal): b. Gross national income: a Gross national expenditure: c. Gross national disposable income
United States 2015 (Billions USD) GDP 18,238.3 Trade balance -4913 Net factor income from abroad I8SA Net unilateral transfers -1015 Use the information above to compute the following in billions of USD (round to nearest I decimal): b. Gross national income: a Gross national expenditure: c. Gross national disposable income
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:United States 2015 (Billions USD)
GDP
18,238.3
Trade balance
-4913
Net factor income from abroad
1854
Net unilateral transfees
-1015
Use the information above to compute the following in billions of USD (round to nearest I decimal):
a. Gross national expenditure:
b. Gross national income:
c. Gross national disposable income
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