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On the basis of the following national accounting data, answer the questions below. __________________________________________________________________________ Household consumption expenditures ........................................ $284 Profits of corporations and government enterprises

On the basis of the following national accounting data, answer the questions below.

__________________________________________________________________________

Household consumption expenditures ........................................ $284

Profits of corporations and government enterprises ...........................46

Exports.....................................................................................94

Capital consumption allowance (depreciation)...................................65

Government current purchases of goods and services.......................113

Net income of farm and unincorporated businesses............................24

Taxes less than subsidies on factors of production.............................75

Wages, salaries, and supplemental labour income............................371

Gross investment.......................................................................167

Indirect taxes less subsidies on products..........................................11

Interest and investment income......................................................59

Imports.......................................................................................7

Net investment income from non-resident....................................(-) 10

_________________________________________________________________________

a) Using the above data, calculate the GDP expenditure-based .

_____________________________________________________

b) Using the above data, calculate the GNP ?

_____________________________________________________

c) Using the above data, calculate the net investment ?

_____________________________________________________

d) Using the above data, do you think this economy is an expanding economy or a declining economy? and Why ? Please include the formulas with the answers. Thank you !

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