Country X $m Private Consumption Expenditure 400 Gross Fixed Capital Formation 50 Exports 100 General Government Expenditure 70 Net changes in Physical Stocks + 10 Imports 160 Indirect taxes on goods and services 65 Subsidies 25 Net property inflows from abroad 40 Net property outflows to abroad 30 Capital Consumption 40 What is the Total Domestic Expenditure (TDE) figure at market price for Country X? What is the GDP figure at factor cost for Country X? What is the NNP figure at factor cost for Country X?
Country X $m Private Consumption Expenditure 400 Gross Fixed Capital Formation 50 Exports 100 General Government Expenditure 70 Net changes in Physical Stocks + 10 Imports 160 Indirect taxes on goods and services 65 Subsidies 25 Net property inflows from abroad 40 Net property outflows to abroad 30 Capital Consumption 40 What is the Total Domestic Expenditure (TDE) figure at market price for Country X? What is the GDP figure at factor cost for Country X? What is the NNP figure at factor cost for Country X?
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 5CQQ
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Question
Country X $m
Private Consumption Expenditure 400
Gross Fixed Capital Formation 50
Exports 100
General Government Expenditure 70
Net changes in Physical Stocks + 10
Imports 160
Indirect taxes on goods and services 65
Subsidies 25
Net property inflows from abroad 40
Net property outflows to abroad 30
Capital Consumption 40
- What is the Total Domestic Expenditure (TDE) figure at market price for Country X?
- What is the GDP figure at factor cost for Country X?
- What is the NNP figure at factor cost for Country X?
- What is the
Gross Domestic Product (GDP) figure at market price for Country X?
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