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The table below shows some of the national income accounts for the economy of Elmwood (all figures are in billions of dollars). Personal income taxes
The table below shows some of the national income accounts for the economy of Elmwood (all figures are in billions of dollars). Personal income taxes 130 Indirect taxes (net of subsidies) 100 Corporate profit taxes 30 Exports 35 Government spending on goods and services 200 Disposable income 786 Personal savings 90 Imports 70 Compensation of employees 580 Investment (net) 75 Net foreign factor incomes 20 Gross operating surplus 160 Transfer payments 150 Depreciation 65 Taxes less subsidies on production 80 Other income not paid out 20 From this information, calculate the value of: a. Consumption b. Net exports c. Gross investment d. GDP at market prices e. Gross mixed income f. NDP at basic prices g. National income h. Personal income
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