You are given the following information: Consumption of goods and services $1,250 Gross business investment 350 Government expenditure 400 Depreciation 100 Indirect business taxes 25 Corporate retained earnings 150 Corporate taxes 95 Personal taxes 250 Determine: Gross National Product. Net National Product. National Income.
- You are given the following information:
Consumption of goods and services $1,250
Gross business investment 350
Government expenditure 400
Indirect business taxes 25
Corporate
Corporate taxes 95
Personal taxes 250
Determine:
- Gross National Product.
- Net National Product.
- National Income.
- Personal Income.
- Disposable Income.
- Personal saving.
- Business saving.
- Government saving.
i. National saving. Show that national saving equals gross business investment
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