Using the following national income accounting data, compute GDP, NDP, and NI. All figures are in billions. Round your answers to one decimal place. category value compensation of employees $ 196.2 U. S. exports of goods and services 19.8 Consumption of fixed capital 11.8 government purchases 59.4 taxes on production and imports 14.4 net private domestic investment 52.1 transfer payments 13.9 U. S. imports of goods and services 16.5 personal taxes Net foreign factor income Personal consumption expenditures Statistical discrepancy 40.5 2.2 219.1 0
Using the following national income accounting data, compute GDP, NDP, and NI. All figures are in billions. Round your answers to one decimal place. category value compensation of employees $ 196.2 U. S. exports of goods and services 19.8 Consumption of fixed capital 11.8 government purchases 59.4 taxes on production and imports 14.4 net private domestic investment 52.1 transfer payments 13.9 U. S. imports of goods and services 16.5 personal taxes Net foreign factor income Personal consumption expenditures Statistical discrepancy 40.5 2.2 219.1 0
Chapter19: Measuring Economic Performance
Section: Chapter Questions
Problem 6P
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Question
Using the following
category | value |
compensation of employees | $ 196.2 |
U. S. exports of goods and services | 19.8 |
Consumption of fixed capital | 11.8 |
government purchases | 59.4 |
taxes on production and imports | 14.4 |
net private domestic investment | 52.1 |
transfer payments | 13.9 |
U. S. imports of goods and services | 16.5 |
personal taxes Net foreign factor income Personal consumption expenditures Statistical discrepancy |
40.5 2.2 219.1 0 |
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