User Account

All Pages

What was us national income in 2018

Assignment Help Business Economics
Reference no: EM132795233

According to the Bureau of Economic Analysis, in 2018 US GDP was equal to $20,611.9 billion. Income receipts from the rest of the world were equal to $1142.9 billion, and income earned in the US by the rest of the world was equal to $858.2 billion. Consumption of Fixed Capital was $3,265 billion, and the Statistical discrepancy was - $58 billion (a negative number). What was US National Income in 2018?

Reference no: EM132795233

Questions Cloud

What is the net effect in the shareholder equity as a result : What is the net effect in the shareholder's equity as a result of the exercise of the option? SC Company enters into a contract with San Miguel Corp.
Why do third parties require an api key : A third-party web API is a public web API used by a web application to access data provided by a third party. "Third-party" refers to a person or organization.
Why are recessions shorter than expansions : If the economy goes into recession, how will it affect you? Consider not just your income but the prices of any assets you might own or commodities you purchase
What is the total cost of delivering to all customers : XYZ Company is rethinking the way it ships to its 58 customers in another city 216 miles away. What is the total cost of delivering to all customers
What was us national income in 2018 : According to the Bureau of Economic Analysis, in 2018 US GDP was equal to $20,611.9 billion. Income receipts from the rest of the world
What amount should be reported in the december profit : What amount should be reported in the December 31, 2019 profit or loss related to the above contract? SC Company enters into a contract with San Miguel Corp.
Long-run link between money and output : Most economists and nearly all central bankers seem to think that inflation is costly
Describe the three common security risks : Threat ModelingA new medium-sized health care facility just opened and you are hired as the CIO. The CEO is somewhat technical and has tasked you with creating.
Make journal entries required for consolidation : Make journal entries required for consolidation of Super Group Ltd for the year ended 30 June 2014. Show all calculations necessary

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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