Value of net domestic product

Assignment Help Business Economics
Reference no: EM138298

A. If GDP = $500; Consumption (C) = $350; Transfers minus Taxes (TR - TA) = $20; Investment (I) = $150; and the Budget Deficit (BD) = $120; what is the dollar value of Net Exports (NX)?

B. Assume the following national income data (in billions $):

Consumption $900
Transfers 40
Investment 300
Net exports -31
Government purchases 410
Capital consumption (Depr.) 120
Indirect business taxes 95

What is the value of net domestic product (NDP)? What is the value of national income (NI)?

Reference no: EM138298

Questions Cloud

Widget industry in any town is a monopoly : The widget Industry in Any town is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given.
New york city rent stabilization law : The New York City rent stabilization law of 1969 established maximum rental rates for apartments in New York City
Consumption change this year in absolute dollars : Explain how much does consumption change this year in absolute dollars as a result of a $5,000 annual tax cut to your income, if the tax cut.
Each company to make their choices : What are the advantages and disadvantages of each method. What do you suppose led each company to make their choices.
Value of net domestic product : What is the value of net domestic product (NDP)? What is the value of national income (NI).
Factors determine a wages of a person : Describe the determinants of varying levels of income. What factors determine a wages of a person
Difference between marginal and total utility : Why would an ounce of gold be priced higher than an ounce of coffee beans though coffee is generally considered more essential than gold
Quantity of economic investment : Illustrate what is the quantity of economic investment that has resulted from BBQ's actions
Affect the supply of beef : Explain how does this affect the supply of beef. Explain how does it affect the supply of beef worldwide.

Reviews

Write a Review

Business Economics Questions & Answers

  Dominant strategy for athletes

A competitive advantage furthermore earns a life span income of $6 million moreover the non-steroid user earns $1 million.

  An increase in autonomous investment

An increase in autonomous investment will cause equilibrium output to increase

  Maximize payoff

If Professor P chooses x and s to maximize her utility subject to the constraint that Mr. A is willing to work.

  Optimal number of machines for the company

Suppose that Missing Link must pay a tax equal to 40% of its gross revenue. What is the optimal number of machines for the company.

  Wear and tear on the car costs

If a firm is losses money, it might be enhanced to stay in business in the short run. Is this statement ever true.

  Cash demand does not depend on the expected rate

How do your previous answers change in the special case where cash demand does not depend on the expected rate of inflation

  Japanese inflation rate

Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent.

  Value of campaign funding in terms of dollars spent

They value campaign funding in terms of dollars spent. Therefore, after spending ci on a campaign.

  Morning coffee with milk

Sheila budgets $9 per week for her morning coffee with milk. She likes it only if it is prepared with 4 parts of coffee and 1 part milk.

  Profit maximizing level of output

Managerial economics and should include other criteria such as social responsibility and ethics. Remember to cite your authority and be careful not to plaigerize.

  Compare with single versus multiple bidders

How do the buyer's returns compare with the method of payment, and how do they compare with single versus multiple bidders.

  Market-clearing price and quantity

Economic surplus could be increased at a higher price because firms would generate more revenue.

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