Net domestic product equal

Assignment Help Business Economics
Reference no: EM13898667

The following national income is in billions of dollars:

consumption of fixed capital $25

gov purchases 315

us imports 260

personal taxes 45

transfer payments 247

us exports 249

personal consumption expenditures 475

net foreign factor income 5

gross private domestic investment 300

taxes on production and import 245

undistributed corp profits 60

social security contributions 240

corporate income taxes 65

statistical discrepancy 40

Net domestic product equal?

Reference no: EM13898667

Questions Cloud

Discuss the causes of the great depresion in terms : ?Discuss the causes of the Great Depresion in terms of what you know about the economy today. Do you think another Great Depression is possible? Why or why not?
Level of output does marginal cost equal marginal revenue : At what level of output does marginal cost equal marginal revenue?
About the t-statistic : A t-statistic:
What is the effective and nominal interest per year : George bought a car for $26,500. He made a down-payment of $4,500 and financed the rest on a 5-year term with a monthly payment of $575. What is the interest rate per month for the loan? What is the nominal interest per year? What is the effective in..
Net domestic product equal : The following national income is in billions of dollars: Net domestic product equal?
Risk probability on the vertical axis : On a graph that has risk probability on the vertical axis and fullness of insurance on the horizontal access. The "probability of risk lines" slope up, What observations can we make from this graph?
Stand-alone behavioral healthcare facility : Describe the similarities and differences between staffing for a stand-alone behavioral healthcare facility and a behavioral healthcare unit that is a part of a larger healthcare system
Price discrimination that can be sustained occurs : Price discrimination that can be sustained occurs when. Without insurance price of the drug is $500. Quantity demanded was 1,000. With insurance (Coinsurance rate is 10%) demand increases to 1,400. What is the social loss due to insurance?
How will your focus on employee engagement change : Now, imagine you are the CEO of a U.S.-based organization. How will the U.S. government’s decision of replacing GDP with GNH affect your organizational strategies? How will your focus on employee engagement change?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd