The following is information from the national income, Ask an Expert

Economics

The following is information from the national income accounts for a hypothetical country:

GDP $6,000

Gross Investment 800

Net Investment 200

Consumption 4,000

Government purchases of goods and services 1,100

Government budget surplus 30

Show all work and formulas.

What is

a. NDP?

b. Net exports?

c. Government taxes minus transfers?

d. Disposable personal income?

e. Personal saving?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91403225

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