Choose the letter of the correct answer. The value for PERSONAL INCOME is a. 391b. 392c. 393d. 394e. 395 The DISPOSABLE PERSONAL INCOME is a. 331b. 332c. 333d. 334e. 335 From the given figures below, calculate:A. Gross Private Domestic InvestmentB. Net ExportsC. Gross Domestic Product ( expenditure categories)D. Gross National ProductE. Net National productF. National IncomeG. Personal IncomeH. Disposable Personal IncomeI. Gross Domestic Product (income categories)Transfer payments15SubsidiesSocial Insurance Payments35Depreciation50Receipts of factor income from the rest of the world4Government consumption and investment75Imports50Payments of factor income to the rest of the worldPersonal interest income from govt. and consumers35Indirect taxes20Exports60Net private domestic investment100Personal taxes60Corporate profitsPersonal consumption expenditures45250Dividends4

Gross Domestic Product (GDP) is the value of final goods and services produced in the domestic…

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hoose the letter of the correct answer. The value for PERSONAL INCOME is a. 391 b. 392 c. 393 d. 394 e. 395 The DISPOSABLE PERSONAL INCOME is a. 331 b. 332 c. 333 d. 334 e. 335

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter7: Macroeconomic Measurements, Part Ii: Gdp And Real Gdp

Section: Chapter Questions

Problem 9WNG

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Question

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Choose the letter of the correct answer. The value for PERSONAL INCOME is a. 391 b. 392 c. 393 d. 394 e. 395 The DISPOSABLE PERSONAL INCOME is a. 331 b. 332 c. 333 d. 334 e. 335

From the given figures below, calculate:
A. Gross Private Domestic Investment
B. Net Exports
C. Gross Domestic Product ( expenditure categories)
D. Gross National Product
E. Net National product
F. National Income
G. Personal Income
H. Disposable Personal Income
I. Gross Domestic Product (income categories)
Transfer payments
15
Subsidies
Social Insurance Payments
35
Depreciation
50
Receipts of factor income from the rest of the world
4
Government consumption and investment
75
Imports
50
Payments of factor income to the rest of the world
Personal interest income from govt. and consumers
35
Indirect taxes
20
Exports
60
Net private domestic investment
100
Personal taxes
60
Corporate profits
Personal consumption expenditures
45
250
Dividends
4

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