i need the answer quickly Answer the following questions on the basis of the following hypothetical national income data.SHOW YOUR WORK.Interest paid by consumers-$ 15Govemment purchases of goods & services--Social Security taxes-Personal taxes-400135320Corporate income taxes-Indirect business taxes--2050Transfer payments--U.S. exports-16035Gross private domestic investment-Personal consumption expenditures----U.S. imports-Undistributed corporate profits-Depreciation---180600451560Gross Domestic Product is:Net Domestic Product is:National income is:Value in millionsdollarPersonal Inconue is:Disposable Income is:Saving is:

For calculation of GDP we have many method like Income method , expenditure method , value added and…

Answered: Value in millions Gross Domestic…

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter4: The Aggregate Economy

Section: Chapter Questions

Problem 8E

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1. Given the following national income and product accounts data, compute I, NX, NI, PI, DI, NNP, GNP, and GDP Depreciation Amount of national income not going to households Compensation of employees Corporate profits Dividends Exports Government consumption and gross investment Imports Indirect taxes minus subsidies Net business transfer payments Net interest Net private domestic investment Personal consumption expenditures Receipts of factor income from the rest of the world Personal income taxes Proprietors' income Payments of factor income to the rest of the world Rental income Statistical discrepancy Surplus of government enterprises 3. 12,532 2005 489.4 2006 505.7 12,746 2007 526.7 13,011 2008 553.0 13,275 2009 565.8 13,503 2010 563.1 2011 553.5 13,757 1,215 The following table provides information about Canadian economy for a seven-year period, given 2006 is the base year. Year Real GDP Labor force Unemployed Employed Unemployment Population (Billions) (Thousands) (Thousands)…
Refer to Table 1. The value for GDP in billions of dollars isA) 950.B) 1,030.C) 1,050.D) 1,110
GIVE ME A NUMBERS FOR EMPTY BOXES !!!!! CALCULATE !!!!!
figures are in billions of dollars. Calculate NDP: a. 467 b. 370 c. 397 d. 392 Calculate DI: a. 274 b. 279 c. 284 d. 402
Would you usually expect GDP as measured by what is demanded to be greater than GDP measured by what is supplied, or the reverse?
need answer only part C . NI(net income) ?
please give me proper calculation and full explanation Dont use chatGPT otherwise give Downvote
Please answer correct calculation asap plz Don't answer by pen please
what are the different concepts of national income
Dollar Amount Item Durable goods Nondurable goods Services Fixed investment Inventory investment Government purchases Exports (Billion Dollars) 220 400 700 130 20 500 110 Imports 150 Capital consumption allowance 20 Compensation of employees 700 Proprietors' income 480 Corporate profits Rental income Income earned from the rest of the world Income earned by the rest of the world 200 200 200 40 Indirect business taxes 80 Statistical discrepancy 30 Undistributed corporate profits 20 Social insurance taxes 80 Corporate profits taxes Transfer payments Personal taxes Net interest 30 50 80 20 Complete the following table by calculating GDP, NDP, national income, personal income, disposable income, and net exports. Item Dollar Amount (Billion Dollars) GDP NDP $ National income $ Personal income $ Disposable income Net exports If purchases of new capital goods are $90 billion, then purchases of new residential housing are equal to $ billion.

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Value in millions Gross Domestic Product is: Net Domestic Product is: National income is: Personal Income is: Disposable Income is: Saving is: dollar