Refer to the information provided in the table at right to answer the question that follows. The value for personal income in billions of dollars is OA. 890. B. 870. OC. 960. OD. 950. Depreciation Receipts of factor income from rest of world Government purchases Imports Payments of factor income to rest of world Net private domestic investment Personal income taxes Personal consumption expenditures Dividends Exports Amount of national income not going to households $Billions 40 30 100 50 50 200 120 600 20 60 20

Refer to the information provided in the table at right to answer the question that follows. The value for personal income in billions of dollars is OA. 890. B. 870. OC. 960. OD. 950. Depreciation Receipts of factor income from rest of world Government purchases Imports Payments of factor income to rest of world Net private domestic investment Personal income taxes Personal consumption expenditures Dividends Exports Amount of national income not going to households $Billions 40 30 100 50 50 200 120 600 20 60 20

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter19: The Macroeconomic Perspective

Section: Chapter Questions

Problem 5SCQ: According to Table 19.7, how often have recessions occurred since the end of World War II (1945)?

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Referto the information provided in Table below to answer the questions that Billions Receipts of factor income from the rest of the world 20 Depreciation Government purchases Imports Payments of factor income to the rest of the world 30 90 40 40 150 90 500 Net private domestic investment Personal taxes Personal consumption expenditures Dividends Exports Amount of national income not going to 10 60 30 households 1- The value for GDP in billions of dollars 2- The value for GNP in billions of dollars 3- The value for NNP in billions of dollars 4- The value for national income in billions of dollars 5- The value for disposable personal income in billions of dollars
Refer to the information provided in Table Table $Billions 40 Depredation Receipts of factor income from the rest of the world Government purchases Imports Pay ments of factor income to the rest of the world Net private domestic investment Personal income taxes 30 100 50 50 200 120 Personal consumption expenditures 600 Dividends 20 60 Exports Amount of national income not going to households 20 Refer to Table] The value for NNP in billions of dollars is Select one: a. 970 b. 940. C. 910. Wihdos 890.
Refer to the information provided in Table Table $Billions 40 Depredation Receipts of factor income from the rest of the world Government purchases Imports Payments of factor income to the rest of the world Net private domestic investment Personal income taxes 30 100 50 50 200 120 Personal consumption expenditures Dividends 600 20 Exports Amount of national income not going to households 60 20 Refer to Table The value for personal income in billions of dollars is Select one: a. 960. b. 950. Vindows bu c. 870. d. 890.
Refer to the information provided in Table Depreciation Receipts of factor income from the rest of the world Government purchases Table Imports Payments of factor income to the rest of the world Net private domestic investment Personal income taxes Personal consumption expenditures Dividends Exports Amount of national income not going to households Select one: O O O Refer to Table The value for national income in billions of dollars is a. 940. b. 970. c. 890. d. 910 $Billions 40 30 100 50 50 200 120 600 20 60 20
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m2 14 17 62 0000 BV BY HI AY AS HY BY BY BY W S X 43 Use the table below: E Government 50 spending Social Security Contributions Corporate taxes Personal income taxes Rent Wages D Gross Private Domestic Investment Consumption 250 expenditures $ 4 8 R F % 5 20 9 PA 5 8 T 54 40 GDI-Wages + Interest Rent Profit Indirect Business Taxes + Depreciation Gross Domestic Product (GDP). A 6 4 IN Y C V B Profit Indirect business taxes Imports Exports G H & 49 Interest Depreciation 10 7 Government 8 transfer payments 190 U N 00. 8 28 J 10 W - 5 3 ing M 4 9 K 81 0 V F -0 1 L 4 P > . ; P PM X { 14 2
Spring20 fall20 Which of the following expressions equals GDP? Select one: a. compensation of employees + gross investment + rental income + depreciation + corporate profits + indirect taxes-subsidies b. compensation of employees + consumption + depreciation + net investment O C. compensation of employees + net expdsts + depreciation + corporate profits d. compensation of employees + net interest + rental income + depreciation + corporate profits + proprietors' income + indirect taxes - subsidies Next page
Assume there are only two producing sector Y & Z in an economy. Calculatea) Gross value added at market price by each sector b) National income from the followings:Items Amount in CroresNet factor income from abroad- 20Sales by Y= 1000Sales by Z= 2000Change in stock of Z= -200C Closingstock of Y= 50 Opening stock of Y= 100Consumption of fixed capital by Y & Z= 180Indirect taxes paid by Y & Z= 120Purchase of raw material by Y= 500Purchase of raw material by Z= 600Exports by Z= 70
1. Given the following national income and product accounts data, compute I, NX, NI, PI, DI, NNP, GNP, and GDP Depreciation Amount of national income not going to households Compensation of employees Corporate profits Dividends Exports Government consumption and gross investment Imports Indirect taxes minus subsidies Net business transfer payments Net interest Net private domestic investment Personal consumption expenditures Receipts of factor income from the rest of the world Personal income taxes Proprietors' income Payments of factor income to the rest of the world Rental income Statistical discrepancy Surplus of government enterprises 3. 12,532 2005 489.4 2006 505.7 12,746 2007 526.7 13,011 2008 553.0 13,275 2009 565.8 13,503 2010 563.1 2011 553.5 13,757 1,215 The following table provides information about Canadian economy for a seven-year period, given 2006 is the base year. Year Real GDP Labor force Unemployed Employed Unemployment Population (Billions) (Thousands) (Thousands)…