Consider the small economy represented in the following table. All values are in dollars. Firm A Wages paid to employees Taxes paid to government Revenue
Consider the small economy represented in the following table. All values are in dollars. Firm A Wages paid to employees Taxes paid to government Revenue received Sold to Public [newly produced] Sold to Firm B Sold to Firm C Sold to a foreign country Sold from inventory to Public Unsold production After-tax profit Firm B Wages paid to employees Taxes paid to government Input purchased from Firm A Revenue received Sold to Public {newly produced) Sold to Firm C Sold from inventory to Public After-tax prot Firm C Wages paid to employees 99 Taxes paid to government 103 Input purchased from Firm A 33 Input purchased from Firm B T3 Input imported 55 Revenue received 634 Sold to Public {newly produced] 330 Sold to Government 220 Sold to a foreign country 134 After-tax prot 230 Additional Info rmation Government transfers Interest on government's debt Private Saving aura-\"snoopy Calculate the following: Consumption (C) Government consumption (G) Investment (I) (hint: changes in inventory is part of investment) Net Exports {NX} Gross domestic product (GDP) Government Saving {Sgov} Current account balance {CA} Net factor payments ( N FP) Gross national product (GNP) Government budget decit Private disposable income Net government income . Change in national wealth (you can assume that the value and stock of assets held by Canadians did not change over the period}
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