20)refer to table 5-2. What is the GNP for this economy? GDP 440 Income earned by citizens...
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Question:
20)refer to table 5-2. What is the GNP for this economy?
GDP
440
Income earned by citizens abroad
20
Income foreigners earned here
50
Depreciation
16
Capital consumption allowance
16
Indirect business taxes
20
Business subsidies
8
Statistical discrepancy
0
Retained earnings
25
Corporate income tax
18
Social insurance contribution
35
Interest paid to households by govt
12
Transfer payments to household from gov't
22
Personal Taxes
70
Nontax payments to Gov't
5
- $510
- $435
- $440
- $460
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