On the basis of Table 5.2: What is GDP, Depreciation, NNP, and National Income? Sum of Value-Added in the economy? If “corporate profits after tax” are $1000 and “personal dividend income” (capital income) is $1000, what is Personal Income? What about disposable income?
On the basis of Table 5.2: What is GDP, Depreciation, NNP, and National Income? Sum of Value-Added in the economy? If “corporate profits after tax” are $1000 and “personal dividend income” (capital income) is $1000, what is Personal Income? What about disposable income?
Chapter5: National Income Accounting
Section: Chapter Questions
Problem 2E
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On the basis of Table 5.2:
- What is
GDP ,Depreciation , NNP, andNational Income ? - Sum of Value-Added in the economy?
- If “corporate profits after tax” are $1000 and “personal dividend income” (capital income) is $1000, what is Personal Income? What about disposable income?
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