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type in the numbers (you may also include the algorithm you used to arrive at yo

ID: 1248872 • Letter: T

Question

type in the numbers (you may also include the algorithm you used to arrive at your answer). Note: The best way to answer the questions may not be to answer them in order.

______________________ Gross Domestic Product
______________________ Net Domestic Product
______________________ National Income
______________________ Personal Income
______________________ Disposable Personal Income
______________________ Government Expenditures on Goods and Services
______________________ Personal Taxes

$7,304B Consumption
748 Social Security Contributions
213 Corporate Income Tax
434 Dividends
1,003 Exports
1,593 Gross Investment
1,430 Imports
695 Indirect Business Tax
684 Interest Paid to Persons
200 Net Investment
757 Proprietor’s Income
142 Rent Paid to Persons
512 Savings by Households
1,683 Transfer Payments
141 Undistributed Corporate Profits
5,977 Wages and Salaries

 (10) Net Income Earned Abroad


Explanation / Answer


NI

5,977 Wages and Salaries

142 Rent Paid to Persons
684 Interest Paid to Persons
757 Proprietor’s Income

213 Corporate Income Tax
434 Dividends
141 Undistributed Corporate Profits

GDP:

NI+

695 Indirect Business Tax

1393 Depreciation

(10) Net Income Earned Abroad

NDP= GDP- depreciation



Depreciation= Gross investment – Net investment

                    =1,593 -200= 1,393


National Income
Wages and Salaries 5977 Rent paid 142 Interest paid to p 684 Prop income 757 Corp income tax 213 Dividents 434 Undistributed corp profits 141 National Income 8348

GDP
NI 8348 Plus Indirect business tax 695 Plus Depreciation 1393 Plus net forien factor income -10 GDP 10426

NDP
GDP 10426 minus depreciation 1393 NDP 9033