The following national income data are available for a country. All data are in billion dollars. Category Value Residential Investment 100.00 Payments of Factor Income to the rest of the world National Income 50.00 1,960.00 Inventory Adjustment Personal Consumption Expenditure Depreciation Exports 0.00 1,400.00 60.00 120.00 Nonresidential Investment 200.00 Receipts of Factor Income from the Rest of the World Government Transfer Payment Statistical Discrepancy 70.00 200.00 0.00 Imports 220.00 Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G). GDP equals $ billion. (Enter your response as an integer.) NNP equals billion. (Enter your response as an integer.) GNP equals $ billion. (Enter your response as an integer.) Government Expenditureequals $ billion. (Enter your response as an integer.)

The following national income data are available for a country. All data are in billion dollars. Category Value Residential Investment 100.00 Payments of Factor Income to the rest of the world National Income 50.00 1,960.00 Inventory Adjustment Personal Consumption Expenditure Depreciation Exports 0.00 1,400.00 60.00 120.00 Nonresidential Investment 200.00 Receipts of Factor Income from the Rest of the World Government Transfer Payment Statistical Discrepancy 70.00 200.00 0.00 Imports 220.00 Using the above information calculate the values of GDP, GNP, NNP and Government Consumption and Gross Investment (G). GDP equals $ billion. (Enter your response as an integer.) NNP equals billion. (Enter your response as an integer.) GNP equals $ billion. (Enter your response as an integer.) Government Expenditureequals $ billion. (Enter your response as an integer.)

Brief Principles of Macroeconomics (MindTap Course List)

8th Edition

ISBN:9781337091985

Author:N. Gregory Mankiw

Publisher:N. Gregory Mankiw

Chapter7: Production And Growth

Section: Chapter Questions

Problem 5CQQ

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