Below are hypothetical National Income Accounting Data for an economy O On the NIA sheet that is provided, compute GDP, NDP, NI, and PI. 1 Depreciation 612 Formulas: 2 Government Expenditures for Goods & Services 2016 GDP - CCA = NDP NDP - IBT = NI NI +/- the following = PI PI - PIT = DPI 3 Imports 288 or Depr. (Incomes) 4 Personal Income Taxes 912 5 Transfer Payments 522 6 Exports 216 Capital Consumption 2280 Allowance or Depreciation: Indirect Business Taxes 7 Disposable Personal Income 8 Personal Savings 240 Gross Private Investment Net Private Investment 9 Gross Private Investment 1104 Wages and Salaries Social Contributions 10 Indirect Business Taxes 528 Corporation Profit BT = Personal Income Taxes 11 Social (Security) Contributions 552 12 Corporate Taxes 312 Corporate Taxes + Corporate Taxes Govt Expenditures Gov't Expenditures Extra practice: (Just double the answers from the first problem to se For Goods & Services For Goods & Services + Dividends Personal Consumption Below are hypothetical National Income Accounting Data for an economy Undist Corpt Profits Expenditures On the NIA sheet that is provided, compute GDP, NDP, NI, and PI. + Undistribu Corp Profits Personal Consumption Personal Consumption Expenditures Expenditures 1 Depreciation 1,224 Proprietor's Income 2 Government Expenditures for Goods & Services 4,032 + Transfer Payments Personal Savings 3 Imports 576 Rental Income 4 Personal Income Taxes 1.824 Net Exports: Exports - Imports Net Exports: Exports - Imports 5 Transfer Payments 1,044 6 Exports 432 Net Interest 7 Disposable Personal Income 4,560 8 Personal Savings 480 Gross Domestict Product Net Domestic Product National Income Personal Income Disposable Personal 9 Gross Private Investment 2,208 Income 10 Indirect Business Taxes 1,056 11 Social (Security) Contributions 1, 104 12 Corporate Taxes 624 Page 1 of 1