Question: Please answer below questions : 7.5 You are given the following information for Canada, 2015 (in millions of current dollars): Compensation of employees 1,026,775 Net

 Please answer below questions : 7.5 You are given the following

Please answer below questions :

information for Canada, 2015 (in millions of current dollars): Compensation of employees

7.5 You are given the following information for Canada, 2015 (in millions of current dollars): Compensation of employees 1,026,775 Net operating surplus of profit and non-profit corporations including government-owned corporations 228,675 Net mixed income of unincorporated business operators, including farms 173,233 Capital consumption allowances (CCA) 340,679 Taxes less subsidies on factors of production and products (IT) 216,831 What was net domestic income (NDI) in 2015? ii) What was GDP in 2015? E What proportion (in %) are wages and salaries in relation to NDI? Corporation profits in relation to NDI? Mixed income of small unincorporated businesses in relation to NDI? From where does most of our income come from? iv ) What does mixed income consist of? What is net domestic income (NDI)? What does capital consumption allowances (CCA) represent

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!