Solved: Using the data below given in millions of U S compute
Using the data below given in millions of U S compute
Using the data below (given in millions of $U.S.), compute GDP, national income, and net domestic product.
Corporate profits……………………………… 1,200
Gross private domestic investment…………… 2,000
Consumption of nondurable goods…………… 3,000
Exports………………………………………… 1,200
Proprietors’ income……………………………. 900
Taxes, imports, and miscellaneous adjustments.. 800
Consumption of services……………………….. 4,000
Net interest……………………………………… 550
Compensation of employees……………………. 7,000
Change in inventories…………………………… 80
Imports……………………………………………. 1,800
Rental income…………………………………… 150
Government spending…………………………… 2,000
Consumption of durable goods………………….. 1,000
Capital consumption allowance………………….. 1,500
Using the data below given in millions of U S compute
