Compute the Gross Domestic Product (GDP) and National Income (NI) using Transfer payments, Taxes on production and imports, etc.
The following is a list of figures for a given year in billions of dollars.
|
Billions of $
|
Transfer payments
|
16
|
Government purchases
|
80
|
Personal taxes
|
38
|
Corp income tax
|
28
|
Taxes on production and imports
|
15
|
Social security contributions
|
8
|
Undistributed corp. profits
|
19
|
Proprietors income
|
25
|
Compensation of employees
|
258
|
Personal consumption expend.
|
322
|
Consumption of fixed capital
|
4
|
Rents
|
10
|
Us exports
|
14
|
Corporate profits
|
70
|
Interest
|
12
|
Dividends
|
23
|
Imports to U.S.
|
17
|
Gross private domestic investment
|
63
|
Net foreign factor income
|
10
|
Statistical discrepancy
|
35
|
find out THE GDP AND NI.