The following national income data are available for a country. All data are in billion dollars. Category Value Residential Investment 110.00 Payments of Factor Income to the rest of the world 50.00 National Income 2,154.00 Inventory Adjustment 0.00 Personal Consumption Expenditure 1,540.00 Depreciation 66.00 Exports 132.00 Nonresidential Investment 220.00 Receipts of Factor Income from the Rest of the World Government Transfer Payment 70.00 200.00 Statistical Discrepancy 0.00 Imports Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G). 242.00 GDP equals $ billion. (Enter your response as an integer.)
The following national income data are available for a country. All data are in billion dollars. Category Value Residential Investment 110.00 Payments of Factor Income to the rest of the world 50.00 National Income 2,154.00 Inventory Adjustment 0.00 Personal Consumption Expenditure 1,540.00 Depreciation 66.00 Exports 132.00 Nonresidential Investment 220.00 Receipts of Factor Income from the Rest of the World Government Transfer Payment 70.00 200.00 Statistical Discrepancy 0.00 Imports Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G). 242.00 GDP equals $ billion. (Enter your response as an integer.)
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter11: Price And Output Determination: Monopoly And Dominant Firms
Section: Chapter Questions
Problem 1E
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