Calculate gnp based on the given data

Reference no: EM132126370

Question: Last year, assume that McDonald's had a profit of $1.2 billion, of which $0.8 billion was earned in foreign countries. Toyota had a profit of $2 billion (converted from yen), of which $0.6 billion was earned in the US. If US GDP was $10,200 billion, calculate GNP based on the above data. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM132126370

Questions Cloud

Write reply to given article with references : Studies show that there were sharp spikes in the overall percentage of hate crimes around the most recent election (Levin, Nolan, & Reitzel, 2018)

What is their tax liability using the tax tables : Havel and Petra are married, will file a joint tax return, and meet the requirements to file form 1040EZ. What is their tax liability using the tax tables

What are the most common kinds of transfer payments : What are the most common kinds of transfer payments at the Federal level? At the state and local level? What are the principal differences between government.

What happens to wages and salaries and national saving : Under the new regime to end welfare, all these people are hired by the government to perform various tasks, such as serving lunch in the Congressional dining.

Calculate gnp based on the given data : Last year, assume that McDonald's had a profit of $1.2 billion, of which $0.8 billion was earned in foreign countries. Toyota had a profit of $2 billion.

Why do humans come together in civil society : Why do humans come together in civil society? What would Locke argue? What does Hobbes argue? Do you agree more with Locke or Hobbes and why?

How components of consumption and investment are affected : Joe buys a Buick. To keep it simple, ignore the sales tax. In all cases the cash price of the new car is $25,000. Show how components of consumption.

What happens to gdp and sp : Peggy buys a house for $200,000, with a monthly mortgage payment of $2,000. The current interest rate is 8%. A year later, the interest rate drops to 7%.

What is the amount of each interest payment : A bond has a 7% coupon and pays interest semi-annually. What is the amount of each interest payment if the face value of a bond is $1,000

User Account

All Pages