Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Solve clearly.. HW 7b: Ch 07 Proprietors' Income 480 Corporate profits 200 Rental Income 200 Income earned from the rest of the world 40 Income

Solve clearly..

image text in transcribedimage text in transcribedimage text in transcribed
HW 7b: Ch 07 Proprietors' Income 480 Corporate profits 200 Rental Income 200 Income earned from the rest of the world 40 Income earned by the rest of the world 200 Indirect business taxes 80 Statistical discrepancy 30 Undistributed corporate profits 20 Social insurance taxes 80 Corporate profits taxes 30 Transfer payments 50 Personal taxes 80 Net interest 20Complete the following table by calculating GDP, NDP, national income, personal income, disposable Income, and net exports. Dollar Amount Item (Billion Dollars) GDP NDP National Income Personal Income Disposable Income 5 Net exports S If purchases of new capital goods are $90 billion, then purchases of new residential housing are equal to billion.9. Working with Numbers and Graphs Q9 Use the following table to answer the questions that follow. Dollar Amount Item (Billion Dollars) Durable goods 250 Nondurable goods 400 Services 700 Fixed Investment 130 Inventory investment 20 Government purchases 500 Exports 110 Imports 150 Capital consumption allowance 20 Compensation of employees 700 Proprietors' Income 480 Corporate profits 200

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Vanishing American Corporation Navigating The Hazards Of A New Economy

Authors: Jerry Davis, Gerald F Davis

1st Edition

1626562792, 9781626562790

More Books

Students also viewed these Economics questions