subject
Business, 08.09.2021 17:00 angela563

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. Personal consumption expenditures $245
Net Foreign Factor Income 4
Transfer Payments 12
Rents 14
Consumption of fixed capital(depreciation) 27
Statistical Discrepancy 8
Social Security Contributions 20
Interest 13
Proprietors Income 33
Net exports 11
Dividends 16
Compensation of employees 223
Taxes on production and imports 18
Undistributed corporate profits 21
Personal taxes 26
Corporate income taxes 19
Corporate profits 56
Government purchases 72
Net private domestic investment 33
Personal Saving 20
1. Using the above data, determine GDP by both the expenditures and income approaches.
A.) expenditures approach GDP
B.)income approach GDP.
2. Determine NDP.
3. Now determine NI in two ways: first ,by making the required additions or subtractions from NDP; and second by adding up the types of income and taxes that make up NI.
4. Adjust NI (from part b) as required to obtain PI.
5. Adjust PI (from part c) as required to obtain DI.

ansver
Answers: 1

Other questions on the subject: Business

image
Business, 22.06.2019 07:30, QueenNerdy889
1  2  3  4  5  6  7  8  9  10time remaining59: 30in  the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war? 1 2 3 4 5 6 7 8 9 10time remaining59: 30in the dark game, how does the author develop the central idea that elizabeth van lew was a spymaster during the civil war?
Answers: 1
image
Business, 22.06.2019 12:10, latdoz0952
Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries
Answers: 1
image
Business, 22.06.2019 13:40, allytrujillo20oy0dib
Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?
Answers: 1
image
Business, 22.06.2019 16:10, boogerbuttday
Omnidata uses the annualized income method to determine its quarterly federal income tax payments. it had $100,000, $50,000, and $90,000 of taxable income for the first, second, and third quarters, respectively ($240,000 in total through the first three quarters). what is omnidata's annual estimated taxable income for purposes of calculating the third quarter estimated payment?
Answers: 1
You know the right answer?
Below is a list of domestic output and national income figures for a certain year. All figures are i...

Questions in other subjects:

Konu
Mathematics, 14.05.2021 19:50
Konu
Mathematics, 14.05.2021 19:50
Konu
Geography, 14.05.2021 19:50
Konu
Mathematics, 14.05.2021 19:50