rerer to the information provided in table 4 below to answer the question(s) that follow.Table 4$BillionsDepreciationReceipts of factor income from the rest of the worldGovernment purchasesImportsPayments of factor income to the rest of the worldNet private domestic investmentPersonal income taxes2040150504016080Personal consumption expendituresDividends70010ExportsAmount of national income not going to households7030Referring to table 4, calculatea. The values for GDP, GNP, and NNP.b. The values for national income, personal income, and disposable personalincome.

Answer: (a). GDP=PCE+GP+NPDI+Exports-ImportsWhere,PCE=private consumption expenditureGP=government…

Kerer to the information provided in table 4 below to answer the question(s) that follow. Table 4 $Billions 20 Deprediation Receipts of factor income from the rest of the world Government purchases Imports Payments of factor income to the rest of the world Net private domestic investment 40 150 50 40 160 Personal income taxes 80 Personal consumption expenditures Dividends 700 10 70 Exports Amount of national income not going to households 30 Referring to table 4, calculate a. The values for GDP, GNP, and NNP. b. The values for national income, personal income, and disposable personal income.

Kerer to the information provided in table 4 below to answer the question(s) that follow. Table 4 $Billions 20 Deprediation Receipts of factor income from the rest of the world Government purchases Imports Payments of factor income to the rest of the world Net private domestic investment 40 150 50 40 160 Personal income taxes 80 Personal consumption expenditures Dividends 700 10 70 Exports Amount of national income not going to households 30 Referring to table 4, calculate a. The values for GDP, GNP, and NNP. b. The values for national income, personal income, and disposable personal income.

ECON MICRO

5th Edition

ISBN:9781337000536

Author:William A. McEachern

Publisher:William A. McEachern

Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance

Section: Chapter Questions

Problem 1.1P

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