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The table to the right gives national income figures for Country of Econoland the country of Econoland. All figures are in dollars. Item Amount (in
The table to the right gives national income figures for Country of Econoland the country of Econoland. All figures are in dollars. Item Amount (in dollars) 5.000 Using the income approach, the value of GDP for Wages and salaries Interest income 200 Econoland is calculated as $5,960. Personal consumption 3.900 1,100 The level of subsidies in Econoland is equal to $ Personal saving Personal income taxes 150 (Round your response to the nearest dollar.) Business profits 465 Government purchases 1,000 Indirect taxes 175 Exports 350 Net private investment 950 Depreciation 150
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