Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Table 23-1 The table below contains data for Chereaux for the year 2015. GDP $200 Income earned by citizens abroad $9 Income foreigners earn here

Table 23-1 The table below contains data for Chereaux for the year 2015.

GDP $200
Income earned by citizens abroad $9
Income foreigners earn here $5
Losses from depreciation $6
Indirect business taxes $10
Statistical discrepancy $0
Retained earnings $8
Corporate income taxes $12
Social insurance contributions $30
Interest paid to households by government $8
Transfer payments to households from government $55
Personal taxes $60
Nontax payments to government $11

Refer to Table 23-1. Disposable personal income for Chereaux in 2015 is

Group of answer choices

$190.

$211.

$130.

$141.

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

Principles Of Macroeconomics

Authors: N Gregory Mankiw

7th Edition

1285165918, 9781285165912

More Books

Students also viewed these Economics questions

Question

5. Give some examples of hidden knowledge.

Answered: 1 week ago