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2. Using the following data, calculate GDP, GNP and NNP by both the expenditure approach and the income approach (dollars in billions). Indirect Business
2. Using the following data, calculate GDP, GNP and NNP by both the expenditure approach and the income approach (dollars in billions). Indirect Business Taxes: Personal Consumption Expenditures: Gross Private Domestic Investment: Government Purchases of Goods & Services: Depreciation/Capital Consumption Allowance: Wages & Salaries: Income Receipts from Rest of the World Income Payments to Rest of the World $217.5 Net Exports: 23.3 2,672.8 Corporate Profits: 680.7 895.3 Interest Income: 279.8 934.7 Proprietors' Income: 130.6 287/2 2,896.5 Rents: 33.8 247.1 188.9 By the way, what is Net Investment for this economy?
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