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Author Question: If GNP is $600 billion, receipts of factor income from the rest of the world are $50 billion, and ... (Read 70 times)

hbsimmons88

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Question 1

Refer to the information provided in Table 21.4 below to answer the question(s) that follow.










Refer to Table 21.4. The value for disposable personal income in billions of dollars is


◦ 750.
◦ 770.
◦ 820.
◦ 990.

Question 2

If GNP is $600 billion, receipts of factor income from the rest of the world are $50 billion, and payments of factor income to the rest of the world are $30 billion, then GDP is


◦ $520 billion.
◦ $580 billion.
◦ $620 billion.
◦ $680 billion.


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Marked as best answer by hbsimmons88 on Apr 19, 2019

bblaney

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