using the data below, calculate GNP Billions of $ Compensation of Employees 4500 Proprietors' Income 500 Corporate Profit 800 Net Interest 400 Rental Income 100 Depreciation Constamption 900 5500 Government Expenditure 1400 Indirect taxes minus subsidies 500 Net Foreign factor Income 50

using the data below, calculate GNP Billions of $ Compensation of Employees 4500 Proprietors' Income 500 Corporate Profit 800 Net Interest 400 Rental Income 100 Depreciation Constamption 900 5500 Government Expenditure 1400 Indirect taxes minus subsidies 500 Net Foreign factor Income 50

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

using the data below, calculate GNP
Billions of $
Compensation of Employees
4500
Proprietors' Income
Corporate Profit
500
800
Net Interest
400
Rental Income
100
Depreciation
900
Consumption
Government Expenditure
5500
1400
Indirect taxes minus subsidies 500
Net Foreign factor Income
50

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