Business, 09.11.2019 03:31 kekeke68

Below is a list of domestic output and national income figures for a certain year. all figures are in billions. the questions that follow ask you to determine the major national income measures by both the expenditures and the income approaches. the results you obtain with the different methods should be the same. category value personal consumption expenditures $285 net foreign factor income 4 transfer payments 12 rents 14 statistical discrepancy 8 consumption of fixed capital (depreciation) 27 social security contributions 20 interest 13 proprietors' income 43 net exports 11 dividends 16 compensation of employees 263 taxes on production and imports 18 undistributed corporate profits 21 personal taxes 26 corporate income taxes 19 corporate profits 56 government purchases 82 net private domestic investment 33 personal saving 30using the above data, determine gdp by both the expenditures and the income approaches. then determine ndp.

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Below is a list of domestic output and national income figures for a certain year. all figures are i...