The table below shows the data for the country of Magnolia. Complete the national income accounting framework by filling in the missing data. Remember to enter a minus (-) sign to indicate negative values. Expenditures Consumption Gross investment Government spending Net exports Gross domestic product at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic product at basic prices +/- net foreign factor income Net national product at basic prices 380 410 -40 Incomes Compensation of employees Gross operating surplus Gross mixed income Taxes less subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic income at basic prices +/- net foreign factor income (Net) national income Add transfer payments Less undistributed profit Less corporate profit tax Less other income items Personal income Less personal income taxes Disposable income Savings Consumption 260 60 -20 160 70 1350 270 150 830 380 120 80 160

MACROECONOMICS
14th Edition
ISBN:9781337794985
Author:Baumol
Publisher:Baumol
Chapter8: Aggregate Demand And The Powerful Consumer
Section8.A: National Income Accounting
Problem 3TY
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Question
8
The table below shows the data for the country of Magnolia. Complete the national income accounting framework by filling in the
missing data.
Remember to enter a minus (-) sign to indicate negative values.
SIZATION SCHOOL
ENICES
Expenditures
Consumption
Gross investment
Government spending
Net exports
MAY
Gross domestic product at market prices
Less depreciation
Less indirect taxes (net of subsidies)
Net domestic product at basic prices
+/- net foreign factor income
Net national product at basic prices
380
410
-40
< Prev
PAYSE
O Search
Compensation of employees
Gross operating surplus
Gross mixed income
Taxes less subsidies on production
Indirect taxes (net of subsidies)
Gross domestic income at market prices
Less depreciation
Less indirect taxes (net of subsidies)
Net domestic income at basic prices
Incomes
+/- net foreign factor income
(Net) national income
Add transfer payments
Less undistributed profit
Less corporate profit tax
Less other income items
Personal income
Less personal income taxes
Disposable income
Savings
Consumption
8 of 14
SAMSUNG
Next >
EL
260
60
-20
160
70
1350
270
150
830
380
120
80
160
Transcribed Image Text:The table below shows the data for the country of Magnolia. Complete the national income accounting framework by filling in the missing data. Remember to enter a minus (-) sign to indicate negative values. SIZATION SCHOOL ENICES Expenditures Consumption Gross investment Government spending Net exports MAY Gross domestic product at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic product at basic prices +/- net foreign factor income Net national product at basic prices 380 410 -40 < Prev PAYSE O Search Compensation of employees Gross operating surplus Gross mixed income Taxes less subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic income at basic prices Incomes +/- net foreign factor income (Net) national income Add transfer payments Less undistributed profit Less corporate profit tax Less other income items Personal income Less personal income taxes Disposable income Savings Consumption 8 of 14 SAMSUNG Next > EL 260 60 -20 160 70 1350 270 150 830 380 120 80 160
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