Solve only D part Typed answer only For her statement of income, Maricela indicates the following amounts for the present year: $80,000 fromemployment, $2,000 interest from bank accounts, and $25,000 profits and dividends. Of this income, she has spent$50,000 on food and other consumption goods, $20,000 on vacations abroad, saved $10,000 in her retirementaccount, spent $20,000 on purchasing extra shares and $10,000 on new computers for her business.a) Define the term Gross Domestic Product (GDP).b) What was the increase in GDP generated by Maricela's activity?c) What are her certain contributions to consumption, investment, and net exports?d) What is the value of production that was newly created by Maricela's productive activity?BPar.III

Gross domestic product means "GDP" and addresses the complete money related worth of every single…

yment, $2,000 interest from bank accounts, and S25,000 profits and dividends. Of this income, she has spent 0 on food and other consumption goods, $20,000 on vacations abroad, saved $10,000 in her retirement nt, spent $20,000 on purchasing extra shares and $10,000 on new computers for her business. ine the term Gross Domestic Product (GDP). at was the increase in GDP generated by Maricela's activity? at are her certain contributions to consumption, investment, and net exports? at is the value of production that was newly created by Maricela's productive activity? B

yment, $2,000 interest from bank accounts, and S25,000 profits and dividends. Of this income, she has spent 0 on food and other consumption goods, $20,000 on vacations abroad, saved $10,000 in her retirement nt, spent $20,000 on purchasing extra shares and $10,000 on new computers for her business. ine the term Gross Domestic Product (GDP). at was the increase in GDP generated by Maricela's activity? at are her certain contributions to consumption, investment, and net exports? at is the value of production that was newly created by Maricela's productive activity? B

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter6: Tracking The U.s. Economy

Section: Chapter Questions

Problem 1.3P

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