Question
Calculation: National Income Data Wages 310 Government Spending 85 Proprietors Income 35 Depreciation 15 Gross Investment Spending 65 Rents 24 Corporate Profits 20 Net Business
Calculation:
National Income Data
Wages 310
Government Spending 85
Proprietors Income 35
Depreciation 15
Gross Investment Spending 65
Rents 24
Corporate Profits 20
Net Business Interest 20
Government Interest Payments 15
Consumption Expenditures 280
Net Exports (X-M) -33
Indirect Business Taxes 25
1. Compute Gross Domestic Product (GDP):
2. Compute Gross National Income (GNI):
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Authors: Jeffrey F Beatty, Susan S Samuelson
3rd Edition
0324537115, 9780324537116
