Assignment If you have the following data that representing an economy of a country as follow: transfer payments 355 Indirect taxes 315 Wages 2335 social security deductions 125 personal taxes (direct taxes ) 410 Imports 350 Rent 250 income of foreigners inside Jordan 450 Exports retained (undistributed) profit 145 70 Interest 360 Depreciations transfer payments 50 355 income of the Jordanian from abroad 300 Gross private investment expenditures corporate taxes Government expenditures 750 275 740 Profit 475 According to the above information answer the following questions: 1. find the following values related to GDP accounts : Gross domestic product (GDP) according expenditure approach = Net domestic product (NDP) = Domestic income (DOI) = %3D
Assignment If you have the following data that representing an economy of a country as follow: transfer payments 355 Indirect taxes 315 Wages 2335 social security deductions 125 personal taxes (direct taxes ) 410 Imports 350 Rent 250 income of foreigners inside Jordan 450 Exports retained (undistributed) profit 145 70 Interest 360 Depreciations transfer payments 50 355 income of the Jordanian from abroad 300 Gross private investment expenditures corporate taxes Government expenditures 750 275 740 Profit 475 According to the above information answer the following questions: 1. find the following values related to GDP accounts : Gross domestic product (GDP) according expenditure approach = Net domestic product (NDP) = Domestic income (DOI) = %3D
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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