Describe the relationship among GDP, net domestic product, national income, personal income and disposal income

The computation of GDP by the income approach requires adding the income derived from the production and sales of final goods and services. What are the 6 income items AND what does the sum of these 6 incomes equal?

Which of the following is NOT included in 2013's GDP?   Group of answer choices the commission earned by a headhunter in 2013 when she locates a job for a client the value of a dishwasher manufactured in 2013 but not sold in 2013 the value of a motor that is used in the production of a lawn mower the value of a motorcycle produced in the United States in 2013 and exported to Japan

Which of the following are included in the year’s GDP? which are excluded? Explain your answers Coca-Cola builds a new bottling unit in the United states. Income of a tax accountant working for H&R block. The value of car batteries used in production of electric cars.

Define Gross Domestic Product and Gross National Product (GNP). Explain the difference between Gross Domestic Product and Gross National Product.

For the purpose of calculating GDP, investment is spending on a)capital equipment, inventories, and structures, excluding household purchases of new housing. b)capital equipment, inventories, and structures, including household purchases of new housing. c)stocks, bonds, and other financial assets. d)real estate and financial assets such as stocks and bonds.

I. Based on the data in Table 2 below, calculate Indonesia's 2011-2016 by measuring changes in the GDP Deflator.  Table 2.Indonesia's Gross Domestic Product 2011-2016 year Product Domestik Bruto (Miliar Rp.) Nominal IHK (%) Deflator 2010 6,864,133.1 6.96 100.0 2011 7,831,726.0 3.79 107.5 2012 8,615,704.5 4.30 111.5 2013 9,546,134.0 8.38 117.0 2014 10,569,705.3 8.36 123.4 2015 11,531,716.9 3.35 128.4 2016 12,406,809.8 3.02 131.5

Which of the following is NOT included in Canadian GDP calculations? air pollution that contaminates the air you breathe car parts manufactured in Canada for assembly of a car in Mexico toxic waste cleanup performed by a local company cleaning services performed by a local cleaning company

Find the last year GDP data (in billions) and the personal consumption expenditures data (in billions) for the US economy.

The table contains price and quantity information for two vehicle models produced by Ford Motor Company, the F-series trucks and Escape SUVs.    2016 2016 2017 2017   price quantity  price  quantity  ford escapes $24,485 307,069 $24,645 308,296 ford trucks $44,400 820,799 $24,645 896,764 a. Calculate the amount contributed by Ford to U.S. GDP (real and nominal) from the sales of the two models in 2016 and 2017. b. Determine the growth rate of nominal GDP (if Ford were the entire economy). c. Determine the growth rate of real GDP (if Ford were the entire economy).