Personal Consumption ExpendituresGovernment Purchases$400128Gross Private Domestic InvestmentNet ExportsNet Foreign Factor IncomeConsumption of Fixed CapitalTaxes on Production and ImportsCompensation of EmployeesRents88435036912Interest15Proprietors' IncomeCorporate Income TaxesDividends523624Undistributed Corporate ProfitsStatistical Discrepancy22C.35. The gross domestic product for the above economy is:a. $584.b. $592.c/$609.d. $623.GDP= 65936. Refer to the above data. The national income is:a. $561.b. $573.c. $580.d. $53TheトDP- bno + 88+ 18.ギ

In an economy, the value of GDP and national income can be differ from each other because national…

Personal Consumption Expenditures Government Purchases $400 128 88 Gross Private Domestic Investment Net Exports Net Foreign Factor Income Consumption of Fixed Capital Taxes on Production and Imports Compensation of Employees Rents Interest 43 50 369 12 15 Proprietors' Income Corporate Income Taxes Dividends Undistributed Corporate Profits Statistical Discrepancy 52 36 24 22 35. The gross domestic product for the above economy is: a. $584. b. $592. $609. d. $623. GD 36. Refer to the above data. The national income is: a. $561. b. $573. c. $580. d. $53

Personal Consumption Expenditures Government Purchases $400 128 88 Gross Private Domestic Investment Net Exports Net Foreign Factor Income Consumption of Fixed Capital Taxes on Production and Imports Compensation of Employees Rents Interest 43 50 369 12 15 Proprietors' Income Corporate Income Taxes Dividends Undistributed Corporate Profits Statistical Discrepancy 52 36 24 22 35. The gross domestic product for the above economy is: a. $584. b. $592. $609. d. $623. GD 36. Refer to the above data. The national income is: a. $561. b. $573. c. $580. d. $53

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter5: Measuring A Nation's Income

Section: Chapter Questions

Problem 12PA

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