How to calculate GDP, national income, d…
consumption=1000
government transfer payments=100
indirect business taxes=20
gross private domestic investment=150
exports=200
government consumption and gross investment=240
corporate profits=25
dividends=5
social insurance taxes=60
personal income taxes=150
imports=260
personal transfers to foreigners=25
net factor payments from abroad= – 30 (yes, negative)
interest earned from government and consumers=12
interest payments to business=5
i thought i knew how to do these but the wording confused me. thanks 4 your help.
How to calculate GDP, national income, disposable personal income, and personal savings?
Domestic investmentConfused for financial investment
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