.Given the following data: Gross Investment Expendi ture...$200 Personal Savings... Government Transfer Payments. Social Security Taxes. Personal Income Taxes. .. Corporate Profit Tax.... Undistributed Profits.... Corporate Profit Before Tax.. Government Expenditure.. . Non-Corporate Profits. Net Interest Factors.. Wages and Salaries... Net Rental Income. Indirect Bus iness Tax Business Transfer Payments. Capital Consumption.. Consumer Expenditure. Exports... Imports.. Receipts of Factor Income from the Rest of the World 1,000 Payments of Factor Income to the Rest of the World.... 400 500 150 150 50 100 1,000 500 500 50 150 10 750 50 600 300 50 500 Calculate: (a) GDP (b) GNP (c) NNP id Hational Income From Expenditure (output) Approach (e) National Income From Income (input) Approach (f) Personal Income (g) Disposable Income (h) Consumption
.Given the following data: Gross Investment Expendi ture...$200 Personal Savings... Government Transfer Payments. Social Security Taxes. Personal Income Taxes. .. Corporate Profit Tax.... Undistributed Profits.... Corporate Profit Before Tax.. Government Expenditure.. . Non-Corporate Profits. Net Interest Factors.. Wages and Salaries... Net Rental Income. Indirect Bus iness Tax Business Transfer Payments. Capital Consumption.. Consumer Expenditure. Exports... Imports.. Receipts of Factor Income from the Rest of the World 1,000 Payments of Factor Income to the Rest of the World.... 400 500 150 150 50 100 1,000 500 500 50 150 10 750 50 600 300 50 500 Calculate: (a) GDP (b) GNP (c) NNP id Hational Income From Expenditure (output) Approach (e) National Income From Income (input) Approach (f) Personal Income (g) Disposable Income (h) Consumption
Chapter11: Managing Aggregate Demand: Fiscal Policy
Section: Chapter Questions
Problem 1DQ
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Given the following data: Gross Investment Expenditure.. .$200 Government Transfer Payments...150 Business Transfer Payments... Capital Consumption. Consumer Exports... 50 100 iture Corporate Profit Before Tax.... 600 500 Receipts of Factor Income Payments ot Factor Income to from the Rest of the World 1,000 the Rest of the Horld.... 500 Calculate: (h) consumption
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