please see attachmentDEPARTMENT OF BUSINESS AND ECONOMICSECON 201- PRINCIPLES OF ECONOMICS I

please see attachment

DEPARTMENT OF BUSINESS AND ECONOMICS

ECON 201- PRINCIPLES OF ECONOMICS I

ASSIGNMENT #4

Instructor: Dr. Kingsley Nwala

Questions:

(1) To calculate the value of GDP from the expenditure method, you can use the following equation:
GDP = C + In + G + Xn. Do you agree or disagree, and why?

(2) The table below shows national income accounting data. All figures in Billions

Compensation of employees

U.S. exports of goods and services

Consumption of fixed capital (depreciation)

Government purchases

Taxes on production and imports

Net private domestic investment

Govt. Transfer payments

U.S. imports of goods and services

Personal taxes

Net foreign factor income

Personal consumption expenditures

Statistical discrepancy

Rents

$194.2

17.8

11.8

59.4

14.4

52.1

13.9

16.5

40.5

2.2

219.1

0

42.5

(a) Using the following national income accounting data, compute
Gross Domestic Product value by expenditure method.

(b) Compute
Net Domestic Product value by any method possible.

(c) Compute
National Income by adjustment method.

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Criterion1. Unsatisfactory

Criterion 1. Unsatisfactory 2. Insufficient 3. Approaching 4. Acceptable 5. Target Summary of each theory 0 points Summary of each theory is inaccurate and fails to include the timeline in which the theory was developed. 25.87 points Summary of each theory is confusing and partially includes the timeline in which the theory was developed. 27.75 points Summary of

I need help with my video presentation. Required Resource:A Collaborative and Supplemental Model to Enhance Early Language and Reading Skills

I need help with my video presentation.  Required Resource: A Collaborative and Supplemental Model to Enhance Early Language and Reading Skills Required Read “A Collaborative and Supplemental Model to Enhance Early Language and Reading Skills,” by Nguyen et al., from  Reading. … Read More School–Family Partnerships for Culturally Sustaining Texts Required

  Topic: After conducting independent research, respond to the following questions: What if the Internet in your company/organization went down for a

  Topic: After conducting independent research, respond to the following questions: What if the Internet in your company/organization went down for a day. 1. How would this impact the company/organization?  2. What issues might arise from having no Internet?  3. What plans have been established to compensate for having no internet access?