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The table shows some of the items in an economy's National Income and Product Accounts. Calculate the difference between GDP, GNP, and national income. >>>

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The table shows some of the items in an economy's National Income and Product Accounts. Calculate the difference between GDP, GNP, and national income. >>> If an answer is negative, include a minus sign. If an answer is positive, do not include a plus sign. GDP minus GNP is $ 0' trillion. >>> Answer to 1 decimal place. GNP minus national income is $ 1.7' trillion. >>> Answer to 1 decimal place. Item Wages Government expenditure Interest, rent, and prot Consumption expenditure Investment Net exports Indirect taxes less subsidies Retained prots Transfer payments Personal income taxes GN P Depreciation Amount (trillions of dollars) 6.6 2.2 2.6 8.2 1.9 - 0.6 0.8 1.9 1.4 1.0 1 1.7 1.4 The table shows some of the items in an economy's National Income and Product Accounts. Calculate national income and disposable personal income. > Answer to 1 decimal place. National income is $ 9.7 trillion and disposable personal income is $ 8.2' trillion. Disposable personal income is 84.5V percent of national income. Consumption expenditure is 93.9' percent of disposable personal income. Item Wages Government expenditure Interest, rent, and prot Consumption expenditure Investment Net exports Indirect taxes less subsidies Retained prots Transfer payments Personal income taxes GNP Depreciation Amount (trllllons of dollars) 6.3 2.0 2.5 7.7 1.6 - 0.5 0.7 1.8 1.3 1.0 1 1.0 1.3

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