Macroeconomics (MindTap Course List)
Macroeconomics (MindTap Course List)
10th Edition
ISBN: 9781285859477
Author: William Boyes, Michael Melvin
Publisher: Cengage Learning
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Chapter 5, Problem 8E
To determine

What is the GNP for the below economy?

    Consumption$400
    Imports$10
    Net investment$20
    Government purchases$100
    Exports$20
    Capital consumption allowance$20
    Statistical discrepancy$6
    Receipts of factor income from the rest of the world$10
    Payments of factor income to the rest of the world$13

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