1.  
2. In 2021 Consumers in Adam Island spent 25M on goods and services, firms invested 10M, government spent 15M, exports were 5 million while imports were 25M.
   1. What is the value for GDP in 2021.
   2. What is the value of NDP if depreciation was 5M.
   3. What is the value of Net Investment.
   4. If Adam Island had an opening capital stock of 15M in 2021 what is the value of the closing capital stock.
   5. If net earnings from abroad was $10M what was the value of national income. NB National Income = NDP +/- net earnings from abroad.

Answer rating: 100% (QA)

1 Gross Domestic Product GDP Consumption Investment Government Spending Exports Imports 2 Net Domest... View the full answer