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Using the following national income accounting data compute

Paper help Economics Using the following national income accounting data compute

Economics

Using the following national income accounting data compute

Using the following national income accounting data compute (a) GDP, and (b) NDP, and NI. (use the E… Show more Using the following national income accounting data compute (a) GDP, and (b) NDP, and NI. (use the Expenditures Approach) All figures are in billions. Compensation of Employees 194.2 U.S. exports of good and services 17.8 Consumption of Fixed Capital 11.8 Government purchases 59.4 Taxes on production and imports 14.4 Net private domestic investment 52.1 Transfer payments 13.9 U.S. imports of goods and services 16.5 Personal taxes 40.5 Net foreign factor income 2.2 Personal consumption expenditures 219.1 Statistical discrepancy 0 • Show less

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