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Calculating GDP, Net Exports, and NNP Based on the information in Table : What is the value of GDP? What is the value of
Calculating GDP, Net Exports, and NNP
Based on the information in Table:
- What is the value of GDP?
- What is the value of net exports?
- What is the value of NNP?
Government purchases | $120 billion |
Depreciation | $40 billion |
Consumption | $400 billion |
Business Investment | $60 billion |
Exports | $100 billion |
Imports | $120 billion |
Income receipts from rest of the world | $10 billion |
Income payments to rest of the world | $8 billion |
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