Use the following data to answer the questions below. All figures are in billions. Receipts of factor income Payments of
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
Use the following data to answer the questions below. All figures are in billions. Receipts of factor income Payments of
questions below. All figures are in billions. Receipts of factor income Payments of factor income Consumption Net Private Domestic Investment Rent Proprietor's Income Net Exports Wages and Salaries Government Purchases Depreciation Taxes on Production and Imports Corporate Profits Interest 15 5.4 588 79.2 33.6 79.2 26.4 535.2 172.8 64.8 43.2 134.4 31.2 A. Calculate GDP by the expenditures approach. B. Calculate GDP by the income approach. C. Calculate NI. D. Calculate GNP.
Use the following data to answer the