Compute gdp-ndp and ni

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Using the following national income accounting data, compute (a) GDP, (b) NDP, (c) NI. All figures are in billions.

Compensation of employees

U.S. exports of goods and services

Consumption of fixed capital (depreciation)

Government purchases

Taxes on production and imports

Net private domestic investment

Transfer payments

U.S. imports of goods and services

Personal taxes

Net foreign factor income

Personal consumption expenditures

Statistical discrepancy
$194

17

11

59

14

52

13

16

40

2

219

0

Reference no: EM13188881

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