What is the net domestic product

Assignment Help Macroeconomics

Reference no: EM13177792

Use the following to answer questions 1-4
Gross private domestic investment $46
Exports of the US 9
DISPOSABLE INCOME 190
personal saving 10
government purchases 84
net foreign factor income earned in the US 10
consumption of fixed capital 52
dividends 13
imports of the US 12
indirect business taxes 22
personal taxes 38
social security contributions 23

1. what is the GDP
2.what is the net domestic product
3. what is the national income
4.if real GDP in a particular year is $80 billion and nominal GDP is $240billion , what is the GDP price index for that year ?

Reference no: EM13177792

Questions Cloud

Journal entries of sheng company : Prepare journal entries to record the following merchandising transactions of Sheng company, which applies the perpetual inventory system.

Journalize the foregoing transactions : Journalize the foregoing transactions and post to the T-account and show how to report the short-term investment on the cablevision balance sheet at December 31.

Calculate break-even in pounds if the sales price : Calculate break-even in pounds if the sales price increases by 10% and fixed costs increase by £12,000 and calculate break-even in pounds if total sales increases by 10% and fixed costs increase by 10%.

How many car had air conditioning and automatic transmission : 23 cars had only air conditioning, 63 cars had only automatic transmissions, and 28 cars had only power steering. 10 cars had both automatic transmission and power steering. How many cars had air conditioning and automatic transmission but not pow..

What is the net domestic product : what is the GDP 2.what is the net domestic product 3. what is the national income 4.if real GDP in a particular year is $80 billion and nominal GDP is $240billion , what is the GDP price index for that year ?

How many students like at most 2 kinds of these chocolates : How many students like at most 2 kinds of these chocolate candies?

How many children like at most one kind of ice cream mention : A survey of 398 children given at a local elementary school showed that 175 like chocolate ice cream, 225 like pistachio ice cream, and 123 do not like chocolate or pistachio ice cream. How many children like at most one kind of ice cream mentione..

Find matt''s marginal rate of substitution : Matt and Johnny both purchase pop and chips at the same convenience store. They have different tastes for pop and chips, so Matt buys 3 cans of pop and 10 bags of chips whereas Johnny buys 15 cans of pop and 2 bags of chips.

Find the mean median and range for each of the two data sets : The following data sets shows the ages of the first seven presidents (president washington through president jackson) and the seven most recent presidents including president obama. Age is given at time of inauguration.

User Account

All Pages