The following questions relate to the information in the table below. Billions of dollars $1,349.5 805.3 626.9 Consumption . Investment.. Govemment purchases . Net exports... Capital consumption...

3The following questions relate to the information in the table below.<br>Billions of dollars<br>$1,349.5<br>805.3<br>626.9<br>Consumption .<br>Investment..<br>Govemment purchases .<br>Net exports...<br>Capital consumption allowance<br>Indirect business taxes<br>(189.1)<br>203.6<br>213.3<br>Statistical discrepancy<br>Social Security insurance taxes.<br>Transfer payments. .<br>Undistributed profits.<br>Corporate profits taxes.<br>Personal taxes..<br>54.4<br>206.5<br>355.3<br>432.0<br>77.7<br>340.0<br>564.0<br>Dividends.<br>Compensation of employees.<br>Income eamed from the rest of the world.<br>1300.0<br>60.0<br>Income eamed by the rest of the world..<br>Proprietors' income.<br>Rental income.<br>Net interest.<br>106.0<br>430.0<br>245.0<br>74.0<br>Calculate Gross Domestic Product at market price and at factor cost<br>b. Net National Income in the economy at market price and at factor cost<br>c. National Income<br>d. Personal Income<br>e. Explain the difference between Real and Nominal GDP.<br>

Extracted text: The following questions relate to the information in the table below. Billions of dollars $1,349.5 805.3 626.9 Consumption . Investment.. Govemment purchases . Net exports... Capital consumption allowance Indirect business taxes (189.1) 203.6 213.3 Statistical discrepancy Social Security insurance taxes. Transfer payments. . Undistributed profits. Corporate profits taxes. Personal taxes.. 54.4 206.5 355.3 432.0 77.7 340.0 564.0 Dividends. Compensation of employees. Income eamed from the rest of the world. 1300.0 60.0 Income eamed by the rest of the world.. Proprietors' income. Rental income. Net interest. 106.0 430.0 245.0 74.0 Calculate Gross Domestic Product at market price and at factor cost b. Net National Income in the economy at market price and at factor cost c. National Income d. Personal Income e. Explain the difference between Real and Nominal GDP.

Jun 11, 2022
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