Find the value of gross national product at factor cost if gross national product at Market price is $1400 million and the net indirect taxes is $42 million

Question 32 Which of the following is included in net government income? social security benefits taxes factor income all of the above none of the above

The value of Consumption is $2000 and the disposable income is given as $2700 Calculate the value of APC

I got the answer 621, but that was wrong so I’m not real sure where I derailed.

Expenditure on free services provided by the government is a part of national income  True/False

16) If households pay $1,000 in interest payments and receive $1,200 in interest, wages equal S8,000, rental receipts on land are $200, total business profits before taxes are $2,200, depreciation is $1,750, and indirect business taxes are $1,000, then gross domestic income is A) S15,350. B) S13,350. C) $13,150. D) S11,400.

4) Mitsven Surfboard Inc. is a company in San Diego that shapes and sells surfboards. In 2018 their accounts were as follows: total revenues $150,000; cost of inputs $75,000; wages paid to employees $35,000; profits to owner $25,000, taxes paid by company $5,000. The building and the equipment used for production are property of the company, and no new building or new equipment was purchased in 2018. The value added produced by Mitsven Surfboard Inc. in 2018 was A. $150,000 B. $75,000 C. $65,000 D. $10,000 Answer: 5) Consider the accounts of Mitsven Surfboard Inc. described in question 4). Applying the income approach to GDP that we have studied in class, the depreciation (or consumption) of fixed capital for the company in 2018 was A. Zero. B. $10,000 C. $65,000. D. $75,000 Answer:

Calculate NDP at factor cost of national income is $4000 million and net factor income from abroad is $2200

Labor Income, Tax Pald, and Average Tax Rate Individual Samantha Charles Amanda Young Labor Income (dollars) $45,000 60,000 80,000 105,000 Tax Paid (dollars) $100 100 100 100 Instructions: Round your answers to 2 decimal places. Average Tax Rate (percent) de dese % de

What is the value for Gross Domestic Product if households receive $315 in net interest income, wages equal $10,169, rental receipts on land are $884, total business profits before taxes are $1,862, and indirect business taxes are $1,139? Assume depreciation and net foreign income are zero.  Enter the value without a $ and without commas.