ts The table below contains income data for the United States. Fill in values fo

Question

ts The table below contains income data for the United States. Fill in values for nominal GDP. In which year is the compensation share of GDP the highest? In which year, Net operating surplus of corporations the highest? Compensation Taxes on Net operat- Proprietor'sConsumption Nominal of employees production - ing surplus income of fixed cap- GDP ital subsidies of corpora 2000 5793.5 20057071.5 20107969.5 2015 9664.8 Source: Bureau of Economic Analysis, Billions of S tions 1586.4 2196.7 2553.0 3107.0 662.8 869.3 1001.2 757.8 979.0 1032.7 1388.3 1514.2 1982.0 2381.6 2821.3 Table 2.2 in your text shows "net operating surplus of business." This is equal to net operating surplus of corporations proprietor's income

Explanation / Answer

NOMINAL GDP

2000-10314.7

2005-13098.5

2010-14938

1015-18158.8

The compensation share of GDP is highest in the year 2015 and Net operating surplus of corporation is highest in the year 2015.

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