5. Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All...
Question:
5. Using the following national income accounting data, compute
(a) GDP,
(b) NDP, and
(c) NI. All figures are in billions. LO7.4
Transcribed Image Text:
Compensation of employees $194.2 U.S. exports of goods and services 17.8 Consumption of fixed capital 11.8. Government purchases Taxes on production and imports Net private domestic investment 59.4 14.4 52.1 Transfer payments 13.9 U.S. imports of goods and services 16.5 Personal taxes Net foreign factor income 40.5 2.2 Personal consumption expenditures 219.1 Statistical discrepancy 0.0
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Related Book For
Macroeconomics
ISBN: 9781259915673
21st Edition
Authors: Campbell McConnell, Stanley Brue , Sean Flynn
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