If you have the following data that representing an economy of a country as follow: transfer payments Indirect taxes 355 315 Wages social security deductions personal taxes (direct taxes ) 2335 125 410 Imports 350 Rent 250 income of foreigners inside Jordan 450 Exports retained (undistributed) profit 145 70 Interest 360 Depreciations transfer payments income of the Jordanian from abroad Gross private investment expenditures 50 355 300 750 corporate taxes 275 Government expenditures 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

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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If you have the following data that representing an economy
of a country as follow:
transfer payments
Indirect taxes
355
315
Wages
social security deductions
personal taxes (direct taxes )
Imports
2335
125
410
350
Rent
250
income of foreigners inside Jordan
Exports
retained (undistributed) profit
450
145
70
Interest
Depreciations
transfer payments
360
50
355
income of the Jordanian from abroad
300
Gross private investment expenditures
750
corporate taxes
275
Government expenditures
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
Transcribed Image Text:If you have the following data that representing an economy of a country as follow: transfer payments Indirect taxes 355 315 Wages social security deductions personal taxes (direct taxes ) Imports 2335 125 410 350 Rent 250 income of foreigners inside Jordan Exports retained (undistributed) profit 450 145 70 Interest Depreciations transfer payments 360 50 355 income of the Jordanian from abroad 300 Gross private investment expenditures 750 corporate taxes 275 Government expenditures 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
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