Calculate the gdp using the expenditure and income approach

Assignment Help Econometrics

Reference no: EM13222351

Assume that all income is either employee compensation or profits and there are no indirect taxes. Calculate the GDP using the expenditure and the income approach using the flowing figures:Consumption -5,000 , Investments- 1,000, Depreciation -600 , Profits-900 , Exports-500, Compensation/Wages -5,000, Government Purchases -1000, Direct taxes 800 Saving-1100, Imports- 700, Net Factor Payments - 100, Sales Taxes -200.

Reference no: EM13222351

Questions Cloud

Explain the manual says the gas gauge light will come : My gas tank in my car has a total volume of 68 L. The manual says the gas gauge light will come on when there are only 5 L remaining in the tank and that the car will not be able to draw on the last 2 L in the tank.

Determine how much labor should the firm employ : Making dresses is a labor-intensive process. Indeed, theproduction function of a dressmaking firm is well described by theequation Q = L - L2/800, where Q denotes the number ofdresses per week and L is the number of labor hours per week.

Find out the identity of the sample : Given a pure sample that is known to be either pure benzoic acid or 2-naphthol, describe a procedure you might use to determine the identity of the sample, assuming spectroscopy is not available.

Case calveta dining : The Challenges of "Antonio's Way" - basic goals, often referred to as the backbone of "Antonio's Way," were posted in Calveta's offices and displayed in its annual reports

Calculate the gdp using the expenditure and income approach : Assume that all income is either employee compensation or profits and there are no indirect taxes.Calculate the GDP using the expenditure and the income approach using the flowing figures:Consumption -5,000 , Investments- 1,000, Depreciation -600 ..

Explain what is the pressure of the air inside the raft : not enough air is pumped into a raft to completely fill it out. the atmospheric pressure is 14.7 psi. what is the pressure of the air inside the raft?

Explain what quanitity of energy does it take to convert : what quanitity of energy does it take to convert 0.500kg ice at -20 Celsius to steam at 250 celsius? specific heat capacities: ice, 2.03J/g Celsius

What nominal annual interest rate is being paid : Your cousin has just bought a used car for $6000.He is to pay for it as follows.A $2,000 down payment and 24 end of month payments of $177.28.What nominal annual interest rate is being paid What is the actual interest rate

Compute the ph of an aqueous solution prepared to contain : Calculate the pH of an aqueous solution prepared to contain 1.3 x 10^-3 M sodium nitrite (NaNO2) if the acid dissociation equilibrium constant, Ka, for nitrous acid (HNO2) is 5.1 x 10^-4.

User Account

All Pages