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The table to the right gives some national income figures Country of Econoland for the country of Econoland. All figures are in dollars. Item Amount
The table to the right gives some national income figures Country of Econoland for the country of Econoland. All figures are in dollars. Item Amount (in dollars) 1. Wages and salaries 20,000 Using the income approach, the value of GDP for 2. Interest income 800 Econoland is $ . (Round your response to the nearest 3. Personal consumption 15,600 dollar.) 4. Personal saving 4,400 5. Personal income taxes 200 The net domestic income at factor cost for Econoland is 6. Business profits 1,860 equal to $ . (Round your response to the nearest dollar.) 7. Indirect taxes 700 8. Subsidies 120 9. Government purchases 4,000 10. Exports 1,400 11. Net private investment 3,800 12. Depreciation 600The table to the right gives national income figures for the Country of Econoland country of Econoland. All gures are in dollars. Item Amount (in dollars) _ _ Wages and salaries 15,000 Usmg the Income approach, the value of GDP for Interest income 600 Econoland is calculated as $17,880. Personal consumption 11,700 _ _ . _ Personal saving 3,300 The level of subSIdIes In Econoland Is equal to $D. Personal income taxes 100 (Round your response to the nearest dollar.) Business prots 1:395 Government purchases 3,000 Indirect taxes 525 Exports 1,050 Net private investment 2,850 Depreciation 450
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