What is the value of net domestic product

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Given the following annual information about a hypothetical country, answer questions a through d.

Billions of Dollars

Personal consumption expenditures ......... $200

Personal Taxes .................. 50

Exports ..................... 30

Depreciation .................. 10

Government Purchases .............. 50

Gross private domestic investment .......... 40

Imports .................... 40

Government transfer payments .......... 20

a. What is the value of GDP?

b. What is the value of net domestic product?

c. What is the value of net investment?

d. What is the value of net exports?

Reference no: EM131144967

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