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Part 1 Disposable Income $ 260 Net Domestic Investment US Imports 15 National Income Personal Taxes 31 Not Exports 9 Gross Domestic Investment 55 Net
Part 1 Disposable Income $ 260 Net Domestic Investment US Imports 15 National Income Personal Taxes 31 Not Exports 9 Gross Domestic Investment 55 Net Foreign Factor Income 10 Statistical Discrepancy Refer to the accompanying national income data (in billions of dollars). In these data, U.S. GDP is What is the US GDP? Part 2 A nation's real GDP was $250 billion in Year 1 and $260 billion in Year 2. Its population was 120 million in Year 1 and 100 million in Year 2. What is its real GDP per capita in Year 2? Part 3 1, Improvements in technology. 2. Increases in the supply (stock) of capital goods. 3. Purchases of expanding output. 4. Obtaining the optimal combination of goods, each at least-cost production. 5. Increases in the quantity and quality of natural resources, 6. Increases in the quantity and quality of human resources. Which set of items in the accompanying list would shift an economy's production possibilities curve outward
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