Question: Refer to the information provided in Table below to answer the questions that follow Billions Receipts of factor income fromthe rest of the world 20

Refer to the information provided in Table below to answer the questions that follow

Billions

Receipts of factor income fromthe rest of the world

20

Depreciation

20

Government purchases

90

Imports

40

Payments of factor income to the rest of the world

40

Net private domestic investment

140

Personal taxes

90

Personal consumption expenditures

500

Dividends

10

Exports

60

Amount of national income not going to households

30

.

1-The value for GDP in billions of dollars

2-The value for GNP in billions of dollars

3-The value for NNP in billions of dollars

4-The value for national income in billions of dollars

5-The value for disposable personal income in billions of dollars

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!