Suppose a country has many of its citizens temporarily working in other countries, and many of its firms have facilities in other countries. Furthermore, relatively few citizens of foreign countries are working in this country, and relatively few foreign firms have facilities in this country. In these circumstances, which would you expect to be larger for this country, GDP or GNP$?$ Briefly explain.

Calculate the GNP$,$ NNP$,$ NI$,$ PI and DPI of Country $x($in $ billions$)$: Durable consumption: $$422$; Non$-$durable consumption: $$998$; Services: $$1592$; Business Fixed Investment $$447$; Residential Structures: $$227$; Change in business inventories: $$39$; Exports: $$428$; Imports: $$551$; National Defense Expenditure $$382$; State Government Purchases: $$543$; Depreciation: $$480$; Indirect Business Taxes: $$386$; Net Subsidies to the Businesses: $$18$; Corporate profits: $$310$; Corporate profit taxes: $$134$; Dividends: $$89$; Contributions for social insurance: $$399$; Transfer payments by the Govt.: $$521$; Net interest: $$354$; Personal interest income: $$527$; Personal tax payments: $$570.$

Briefly explain whether each of the following trans$-$actions represents the purchase of a final good.

a$.$ The purchase of wheat from a wheat farmer by a bakery

b$.$ The purchase of an aircraft carrier by the federal government

c$.$ The purchase of French wine by a U$.$ S$.$ consumer

d$.$ The purchase of a new airliner by American Airlines

The table below describes the value added in the production of a gallon of gasoline by each stage of production. $($The values are hypothetical.$)$

Table $8-10$

$\backslash$table$[[,,],[$Stage of Production,Value of Sales,Value Added$],[$Oil drilling,$0\mathrm{.}75,],[$Refining$,1\mathrm{.}25,],[$Shipping$,1\mathrm{.}85,],[$Retail sales,$3\mathrm{.}65,]]$

a$)$ What is the value added by each stage of production?

b$)$ What is the total value added?

For simplicity, you can ignore the cost of the inputs for oil drilling.

Table $8-21$

$\backslash$table$[[,2013,2017,2018],[$Product$,$Quantity,Price,Quantity,Price,Quantity,Price$],[$MP$3$s$,40,$$$250\mathrm{.}00,45,$$$200\mathrm{.}00,50,$$$150\mathrm{.}00$