16) Based on the data in the table above, what does GDP equal?
A) $10,200 billion
B) $10,400 billion
C) $10,000 billion
D) $9,800 billion
E) $8,900 billion
17) The table gives data for a nation. What is the amount of the country's
GDP?
A) $6,000 billion
B) $6,200 billion
C) $6,600 billion
D) $6,900 billion
E) $5,800 billion.
22) In 2009 in the kingdom of Saudi Arabia, net domestic product at factor
cost was $11,091 billion. Additionally, rent was $2,000 billion, profits were
$1,000 billion, and interest was $358 billion. Hence wages were
A) $7,733 billion.
B) $9,091 billion.
C) $10,091 billion.
D) $8,091 billion.
E) $12,091 billion.
27) Last year for a nation to the south, net domestic product at factor cost
equaled $3,300 billion. Indirect taxes minus subsidies equaled $200 billion,
depreciation equaled $800 billion, the statistical discrepancy equaled zero, and
net operating surplus equaled $150 billion. The country's GDP was
A) $2,300 billion.
B) $3,500 billion.
C) $4,300 billion.
D) $4,450 billion.
E) $4,150 billion.
28) The table above has information about an economy. Using this
information, GDP equals
A) $6,500 billion.
B) $7,800 billion.
C) $7,000 billion.
D) $8,500 billion.
E) some amount that cannot be calculated without information on the amount of
government expenditures.
29) Using the information in the table above, what does GDP equal?
A) $365 billion
B) $350 billion
C) $650 billion
D) $380 billion
E) GDP cannot be calculated without information on the amount of investment.
Home work-1:
C=5000
I=5000 IMP=1000
GOV=4000
EXP= 2000
NET FACTOR INCOME FROM ABROAD = - 500
NET TAXES=800 DEPR=500 STATIS .DISCREPANCY=300
RETAINED.PROF=1000 TRANSFERS = 1500
PERSONAL TAX= 10% FROM PERSONAL INCOME
NET OPERATING SURPLUS=5200
CALULATE:
-
GDP
-
GNP
WAGES=6000
- NNP
DPI
-
- NI SAVINGS…..
PI