Referring to the table below, fill in the missing data for the country of Birchwood. Expenditures Consumption Gross investment Government spending Net exports Gross domestic product at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic product at basic prices +/- Net foreign factor income Net national product at basic prices 370 115 190 90 765 40 60 665 -45 620 Incomes Compensation of employees Gross operating surplus Gross mixed income Taxes less subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic income at basic prices +/- Net foreign factor income. (Net) national income - 470 90 50 60 7 40 60 -45

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter3: Demand And Supply
Section: Chapter Questions
Problem 47CTQ: Agricultural price supports result in governments holding large inventories of agricultural...
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Referring to the table below, fill in the missing data for the country of Birchwood.
Expenditures
Consumption
Gross investment
Government spending
Net exports
Gross domestic product at market prices
Less depreciation.
Less indirect taxes (net of subsidies)
Net domestic product at basic prices
+/- Net foreign factor income
Net national product at basic prices
 
370
115
190
90
765
40
60
665
-45
620
Incomes
Compensation of employees
Gross operating surplus.
Gross mixed income.
Taxes less subsidies on production
Indirect taxes (net of subsidies)
Gross domestic income at market prices
Less depreciation
Less indirect taxes (net of subsidies)
Net domestic income at basic prices
+/- Net foreign factor income
(Net) national income.
777
Add transfer payments
Less undistributed profit
Less corporate profit tax
Less other income items
Personal income
Less personal income taxes
Disposable income
Savings
Consumption
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Transcribed Image Text:Referring to the table below, fill in the missing data for the country of Birchwood. Expenditures Consumption Gross investment Government spending Net exports Gross domestic product at market prices Less depreciation. Less indirect taxes (net of subsidies) Net domestic product at basic prices +/- Net foreign factor income Net national product at basic prices &nbsp; 370 115 190 90 765 40 60 665 -45 620 Incomes Compensation of employees Gross operating surplus. Gross mixed income. Taxes less subsidies on production Indirect taxes (net of subsidies) Gross domestic income at market prices Less depreciation Less indirect taxes (net of subsidies) Net domestic income at basic prices +/- Net foreign factor income (Net) national income. 777 Add transfer payments Less undistributed profit Less corporate profit tax Less other income items Personal income Less personal income taxes Disposable income Savings Consumption < Prev O Search 7 of 14 SAMSUNG Next > 470 90 50 60 40 60 -45 210 370 130 40 40 30 7:49 PM
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